Nigeria: PIB - Host Communities Demand 10% Equity Shareholding

26 January 2021

The host communities demand 10 per cent of equity shareholding because they said they bear the brunt of the negative impacts of oil exploration.

As the National Assembly begins public hearing for the Petroleum Industry Bill (PIB), the Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) is demanding 10 per cent equity shareholding.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.