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Daniels Igoni, Yenagoa
The Governor of Bayelsa State, Mr Douye Diri, has rejected the 2.5 per cent revenue proposed for host communities in the Petroleum Industry Bill and demanded 10 per cent to assuage the people for bearing the harsh impacts of oil exploration and exploitation in the Niger Delta.
Diri, who spoke during a town hall meeting on the PIB with members of the National Assembly and stakeholders in Yenagoa, the state capital, on Tuesday, described the 2.5 per cent as grossly inadequate and unacceptable to the people of the region.
He argued that if National Assembly members had seen first-hand the level of environmental degradation and its attendant effects on the people, they would not hesitate to increase the revenue from 10 per cent.
Vanguard News
PIB: Gov Diri advocates 10 % for host communities
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Gov Diri
Governor Douye Diri of Bayelsa on Tuesday proposed that 10 per cent be provided in the Petroleum Industry Bill (PIB) for the host communities.
Diri, in a statement by his Chief Press Secretary, Mr Daniel Alabrah, said this on Tuesday in a town hall meeting on the bill with members of the National Assembly and stakeholders in Yenagoa.
The governor said that the 2.5 per cent revenue proposed for the host communities in the PIB was grossly inadequate and unacceptable to the people of the Niger Delta.
He argued that if the National Assembly members saw firsthand, the level of environmental degradation and its attendant effects on the people, they would not hesitate to increase it from 10 per cent.
Gov. Douye Diri of Bayelsa on Tuesday proposed that 10 per cent of derived oil revenue be provided in the Petroleum Industry Bill (PIB) for the host communities.
2 min read
Gov. Douye Diri of Bayelsa on Tuesday proposed that 10 per cent of derived oil revenue be provided in the Petroleum Industry Bill (PIB) for the host communities.
Mr Diri, in a statement by his Chief Press Secretary, Daniel Alabrah, said this on Tuesday during a townhall meeting on the bill with members of the National Assembly in Yenagoa.
The governor said the 2.5 per cent revenue proposed for the host communities in the PIB was grossly inadequate and unacceptable to the people of the Niger Delta.
He argued that if the National Assembly members saw firsthand the level of environmental degradation and its attendant effects on the people, they would not hesitate to increase it from 10 per cent.