ADVERTISEMENT
The Sun Nigeria
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation
No Result
View All Result
The Sun Nigeria
No Result
View All Result
ADVERTISEMENT
Home National

Sylva meets kinsmen, drums support for PIA

4th October 2021
in National
0
Sylva meets kinsmen, drums support for PIA

Minister of State for Petroleum Resources Chief Timipre Sylva

Share on FacebookShare on Twitter

From Femi Folaranmi, Yenagoa

Minister of State for Petroleum Resources Chief Timipre Sylva has drummed up support for the Petroleum Industry Act (PIA) from the Niger Delta region.

Sylva who spoke over the weekend in Yenagoa, Bayelsa State during a meeting with his kinsmen under the Nembe Ke Congress emphasise the importance of the PIA as it is to the development of host communities.

During the meeting with the theme “Petroleum Industry Act (PIA), 2021: Gains and Gaps for Host Communities,” Sylva urged host communities in the Niger Delta region to accept the 3%
annual operating expenditure of oil companies set for the Host Communities Development Trust Fund as enshrined in the Petroleum Industry Act (PIA).

According to him, stakeholders in the Niger Delta opposed to the three per cent royalty for host communities should not forget that the region is currently enjoying 13% derivation and the developmental intervention of the Niger Delta Development Commission (NDDC).

He noted that after several years of cries of marginalisation from the region, President Muhammadu Buhari has taken important steps to redress the injustice done to the Niger Delta region.

Sylva enjoined representatives of host communities to see the three per cent royalty given to them as an improvement and progress made.

‘Some stakeholders from our region are saying the three per cent royalty to host communities is not enough.

‘In the beginning, what we had was 0.5 per cent derivation, later it got to 1.5 per cent but today we have 13% for states in addition to the NDDC. The three per cent royalty in the PIA should be seen as an additional stream of income to us.

‘One of the provisions of the PIA is the Environmental Management Trust Fund, which will be used to clean and remediate our environment from the exploration activities of oil companies. I feel we have made progress. Before the law was passed it was zero per cent; now we have three per cent.

‘We can manage the one we have now, later we think about demanding more. There is an adage that says ‘a bird in the hand is worth two in the bush.’

The Chairman of the organising committee of the town hall meeting, Dr Dennis Otiotio-Odoni, commended President Buhari and Sylva for the passage of the PIA.

He disclosed that the objective of the meeting is to interface with the Minister of State for Petroleum, who is a son of Nembe ethnic stock to appraise the PIA and the benefits accruable to host communities in Nembe Se.

In his remarks, President of the Nembe Se Congress, Prof Godwin-Egein, while lauding the Minister for honouring the invitation of the body, commended him for his exploits in the petroleum industry and for attracting developmental projects to the Nembe-Brass clime.

Egein stated that projects such as the Brass fertiliser and petrochemical company and the Atlantic refinery will add to the economic fortunes of host communities in Nembe Se.

David

David

Sun News Online team

Related Posts

Buhari hails Bello, Tallen at 63
National

How fragile borders fuel terrorism, sabotage economy, illicit arms flow – Buhari

2nd February 2023
BREAKING: Customs CG raises concerns over meeting N3 trillion target
National

Terrorism, fiscal policy somersault robbed Nigeria N400bn revenue in 2022 — Customs CG

2nd February 2023
Reps suspend consideration of National Theatre 2022 budget
National

Oil theft: Reps panel grills Interpol boss over “investigation” of whistle blowers

2nd February 2023
Next Post
Buhari assures of Nigeria’s support for Ethiopia’s territorial integrity

Buhari assures of Nigeria’s support for Ethiopia’s territorial integrity

FOC Central Naval Command billed to deliver Correspondent’s Chapel Lecture

FOC Central Naval Command billed to deliver Correspondent’s Chapel Lecture

Tinubu campaign posters flood Lagos as traditional rulers call on ex-Lagos gov to run for president

Tinubu campaign posters flood Lagos as traditional rulers call on ex-Lagos gov to run for president

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

2023: Near-stampede as Nkanu East stands still for Mbah’s homecoming

Oil theft: Reps panel grills Interpol boss over “investigation” of whistle blowers

Mo Abudu, Betty Irabor, Funmi Iyanda, others to speak at 2023 self-made woman conference 

2023: IGP flags off sensitisation summit for PCRC women, youths

522,000 PVCs uncollected in Edo – INEC

Don’t succumb to change of naira, fuel scarcity Tinubu charges electorates

Trending

Nigeria Decides 2023 : Disappoint evil manipulators working against Tinubu’s presidency with your votes – Faparusi urges Nigerians
Politics

Nigeria Decides 2023 : Disappoint evil manipulators working against Tinubu’s presidency with your votes – Faparusi urges Nigerians

2nd February 2023
0

...Criticizes CBN over new naira notes redesign From Priscilla Ediare, Ado-Ekiti Hon. Bamidele Faparusi, a chieftain of...

Buhari hails Bello, Tallen at 63

How fragile borders fuel terrorism, sabotage economy, illicit arms flow – Buhari

2nd February 2023
BREAKING: Customs CG raises concerns over meeting N3 trillion target

Terrorism, fiscal policy somersault robbed Nigeria N400bn revenue in 2022 — Customs CG

2nd February 2023
2023: Jim Nwobodo backs Peter Mbah as Enugu governor, Ugwuanyi’s successor

2023: Near-stampede as Nkanu East stands still for Mbah’s homecoming

2nd February 2023
Reps suspend consideration of National Theatre 2022 budget

Oil theft: Reps panel grills Interpol boss over “investigation” of whistle blowers

2nd February 2023
ADVERTISEMENT

Follow us on social media:

Latest News

  • Nigeria Decides 2023 : Disappoint evil manipulators working against Tinubu’s presidency with your votes – Faparusi urges Nigerians
  • How fragile borders fuel terrorism, sabotage economy, illicit arms flow – Buhari
  • Terrorism, fiscal policy somersault robbed Nigeria N400bn revenue in 2022 — Customs CG
  • 2023: Near-stampede as Nkanu East stands still for Mbah’s homecoming
  • Oil theft: Reps panel grills Interpol boss over “investigation” of whistle blowers
  • Mo Abudu, Betty Irabor, Funmi Iyanda, others to speak at 2023 self-made woman conference 
  • 2023: IGP flags off sensitisation summit for PCRC women, youths
  • 522,000 PVCs uncollected in Edo – INEC
  • Don’t succumb to change of naira, fuel scarcity Tinubu charges electorates
  • Sokoto: APC candidate promises to restore allowance to Persons with disability if elected
  • FCT police commissioner deploys personnel on rescue operation following building collapse in Abuja, visits scene
  • NNPCL, Korean firm sign $740m agreement for Kaduna refinery rehabilitation
  • Clark to Okowa: Step down, you are deceitful, traitor
  • We never stopped PDP PCC from campaigning in Rivers – Wike
  • 2023: BOOT senatorial candidate, Edeipo vows to dislodge Alimikhena, Oshiomhole
  • OAU emerges 2nd in new webometric ranking
  • NIGCOMSAT can provide services for all African nations, says Pantami
  • Tension as Appeal court stops INEC from conducting fresh re-run election in Aboh Mbaise/ Ngor Okpala Federal constituency
  • Unavailability of new naira strangulating workers’ standard of living – Labour Union
  • Disqualification: Enugu PDP, candidates know fate Feb. 15

Categories

  • Abuja Metro
  • Anambra Watch
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • Change of Name
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
  • The Sun Foundation

© 2019 The Sun Nigeria - Managed by Netsera.