PIA: Host communities make fresh demands from oil companies …C0NTINUE READING HERE >>>
Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) have called for an upward review of the three per cent statutory fee accruing to host communities from oil companies. According to HOSTCOM, the review becomes necessary in view of present economic realities.
Dr Benjamin Tamaramiebi, the National President, HOSTCOM made the call on Tuesday in Abuja while briefing newsmen. He said that the existing three per cent had become insignificant due to the prevalent economic…
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