Highlight

Petroleum Minister orders creation of development fund for host community in Akwa Ibom

'Persecondnews reports that Ekpo also urged them to extend power supply from the flow station to the communities, so they can experience the positive impact of the company"

935

The Minister of State for Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, has urged the NNPC Exploration & Production Limited, NEPL, and Natural Oilfield Services Limited, NOSL, to prioritize the establishment and implementation of the Host Community Development Trust Fund (HCDTF) as mandated by the Petroleum Industry Act 2022.

According to Persecondnews, Ekpo also urged them to extend power supply from the flow station to the communities so that they can experience the company’s positive impact.

The minister made the appeal during an official visit to OML-13, the operational base of NEPL and NOSL in Eastern Obollo, Akwa Ibom State.

He expressed satisfaction about the company’s strong ties with the communities, which, according to him, have fostered peaceful operations.

Ekpo noted that NEPL and NOSL operations would increase the country’s gas production capacity, ensuring that the Federal Government was ready to support the company in achieving its production targets.

Speaking earlier, the management of the NEPL-NOSL disclosed that the company has a production capacity of 60,000 barrels of oil per day and 90 million standard cubic feet of gas per day, adding that the company expects to reach its full production potential before the end of the year.

The management said the company has executed several programmes and projects that have directly improved the lives and living standards of the host communities, with many more projects in the pipeline.

“We consider our host communities as critical partners, and we have given utmost attention to our community development projects (CDP). Our priority is to ensure our communities are positively impacted by being involved in our day-to-day operations.

“We have carried out numerous community development projects, including medical outreaches, scholarship grants for students in higher institutions, the provision of medical equipment to hospitals, skills acquisition training programs, construction of boreholes, roads, and bridges, distribution of school furniture, laptops, electronic tablets, transformers, and more.

“The company is planning additional community development programs for the people,” the management said.

 

Leave a comment

Related Articles

Nigerian Military Receives Major Boost from US Defense Shipment

The United States has delivered military supplies to Nigerian security agencies in...

CDS Oluyede Unveils Plans for Improved Salary, Welfare for Nigerian Military

Chief of Defence Staff (CDS) Gen. Olufemi Oluyede has announced a significant...

Missing ₦128bln: SERAP Demands Immediate Probe of Power Ministry, NBET

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola...

Anthony Joshua: How driver saved his life before fatal crash

In a harrowing turn of events, former World Heavyweight Champion Anthony Joshua...

Canada Deports 366 Nigerians in 2025, 974 Now Face Removal

Driven by the fastest pace of immigration enforcement in ten years, Canada...

Fatal Crash: Anthony Joshua’s Driver Hauled Up in Court, Allegedly Drove Without Valid Licence

Adeniyi Mobolaji Kayode, the driver of the Lexus SUV involved in the...

Damilola Oni upbeat about 2026 as fans rally behind her

Nigerian actress Damilola Oni has stepped into the new year with renewed...

Vehicle Owners Get Reprieve as Police Again Suspend Tint Permit Enforcement

The Nigeria Police Force has announced a further suspension of the Tinted...

New Year’s Tragedy: Catholic Priest Slumps, Dies During Sermon

The Catholic community in Delta State is in mourning following the sudden...

Anthony Joshua Discharged from Hospital After Fatal Car Crash in Ogun

World heavyweight boxing champion Anthony Joshua has been discharged from the hospital...

From FIRS to NRS: New Logo, Pledges Improved Service

Zacch Adedeji, Chairman of the newly established Nigeria Revenue Service (NRS), has...

Ondo Scandal: Female Commissioner Allegedly Physically Assaults Female Magistrate

For allegedly physically assaulting a Chief Magistrate, Mrs.Temitope Alphonso, the Ondo State...

Lagos boat accident claims six lives, four rescued

A tragic boat accident along the Nigerdock axis of the Igbologun Water...

Just In: Heirs Energies Acquires 20% Stake in Seplat Energy for $500m

Heirs Energies, a leading indigenous integrated energy company, has acquired a 20.07%...

Nigeria’s Oil Production Drops to 1.599m Barrels Per Day

Nigeria’s oil output, including condensate, has declined by 5.9% year-on-year to 1.599...

Breaking: LP’s Peter Obi Publicly Announces His Membership of ADC

In a major political realignment, Peter Obi has formally parted ways with...

Nigerian Military Foils Suicide Attack, Arrests Bomber, Seizes 189 AK-47 Rifles

In a significant security breakthrough, troops from “Operation Hadin Kai” have arrested...

Gombe Road Accident Claims 7 Journalists

Seven journalists lost their lives in a tragic single-vehicle accident on Monday...

Governors, British Envoy Visit Anthony Joshua in Lagos Hospital After Fatal Crash

British Deputy Head of Mission, Simon Field, visited world heavyweight champion Anthony...

Nigeria’s Economy Remains Stable Amidst Counterterrorism Operation – Finance Minister Edun

Nigeria’s financial markets are holding strong despite the recent joint counterterrorism operation...