• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, June 3, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

HOSCON Seeks Implementation Of 13% Oil Derivation

LEADERSHIP News by LEADERSHIP News
3 years ago
in Business
oil tefth
Share on WhatsAppShare on FacebookShare on XTelegram

The Host Communities of Nigeria Producing Oil and Gas (HOSCON) has called on the federal government to establish 13 per cent oils derivation presidential implementation committee and allow the host community to nominate peoples.

Its said that the peoples of the Niger Delta regions are suffering due to the non-implementation of the 13 percent derivation.

National chairman of HOSCON, Dr Mike Emu made the call in Abuja during the 2023 Oil and Gas Stakeholders Festival with the theme: “Uniting Stakeholders-A Road Map for Energy Transition”.

He pointed out that the section 132, sub-section 2, cap 39 of the 1999 constitution as amended, made it very clear that 13 percent derivation is for the host community.

He said, “The federal government has tried, there are a number of billions that are in the budget of the Ministry of Niger Delta Affairs, talk about 13 percent derivation that goes to the Niger Delta, about 40, 50 billion every month shared to the government of the oil producing states.

The three percent PIA that has been passed into law, one year, five months now, no implementation of it, unfortunately it is set law. I wonder what is actually happening. I may not major on the problem of illegal refinery, pipeline vandalization, or oil theft. But the people of the Niger Delta are suffering, there is no drinking water in the creeks”.

RELATED NEWS

AI Reputation Now Influences Fundraising Decisions, Expert Warns

Nigeria’s Capital Importation Rises 84% To $10.37bn In Q1 – NBS

NERC Reasserts Zero‑Tolerance for Licencees Breaching Regulations, Plans AI Oversight

In her remarks, the convener, Oil and Gas Stakeholders Festival, Ms Faith Wilkinson, admonished host communities to embrace change and deviate from the old methods to the new methods of transiting into a better economy.

She said, “We are having post festival training, originally the programme was designed to come with training for women and youths in the oil and gas industry in energy transition. But what we are trying to do is after this, we are going to have training for the women and the youths to begin to engage them on issues that are related to the industry.”

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

LEADERSHIP News

LEADERSHIP News

OTHER NEWS UPDATES

AI Reputation Now Influences Fundraising Decisions, Expert Warns
Business

AI Reputation Now Influences Fundraising Decisions, Expert Warns

2 hours ago
Nigeria’s Capital Importation Rises 84% To $10.37bn In Q1 – NBS
Business

Nigeria’s Capital Importation Rises 84% To $10.37bn In Q1 – NBS

2 hours ago
NERC Reasserts Zero‑Tolerance for Licencees Breaching Regulations, Plans AI Oversight
Business

NERC Reasserts Zero‑Tolerance for Licencees Breaching Regulations, Plans AI Oversight

2 hours ago
Next Post
Nigeria’s Start-up Funding Hit $1.2bn In 2022

Nigeria’s Start-up Funding Hit $1.2bn In 2022

Advertisement

LATEST UPDATE

Tems Faces Backlash Over New Music Announcement Amid Nigeria’s Current Crisis

57 seconds ago

Federation President Cup Round 16: Shocks As Ibom Angels Stun Bayelsa Queens In Thriller!

3 minutes ago

Udeze Insists It’s Unfair To Blame Chelle For Nigeria’s World Cup Miss

7 minutes ago

Davido Joins FIFA’s 2026 World Cup Kickoff Concert In Los Angeles

10 minutes ago

FIDA Establishes Broader Network With Law Enforcement Agencies To Curb GBV In Nigeria

10 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.