- HOSTCOM demands release of gas flare penalty fund
Ndubuisi Francis and Ufora Orizu in Abuja
The federal government has approved the sum of N100 billion for the completion of Sections 1 to 4 of the East-West road project.
The Minister of Nigeria’s Delta Affairs, Usani Uguru Usani, made the disclosure in Abuja at a meeting with the Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), led by its National Chairman, Chief Style Benjamin Tamaranebi, Tuesday.
At the meeting, HOSTCOM, the parent body of all oil and gas producing, impacted, satellite communities in the Niger Delta region appealed to the federal government for the release of the lingering gas flare penalty fund as discussed and approved by late President Musa Yar’Adua in 2009.
In 2018, findings from a Presidential Inter-Ministerial team on assessment tour of Sections 1 to 4 of the East-West road from Warri, Delta State to Oron, Akwa Ibom State…