RMAFC orders NUPRC to dissolve disputed host community trust
The Revenue Mobilisation Allocation and Fiscal Commission has directed the Nigerian Upstream Petroleum Regulatory Commission to dissolve a controversial Host Community Development Trust within 48 hours. The move follows concerns about the trust’s constitution and representation of oil-producing communities. Mohammed Shehu, Chairman of the RMAFC, emphasized the commission’s commitment to protecting host communities’ interests and ensuring transparency. The NUPRC defended its actions, but community representatives and state officials raised issues about consultation and compliance.
What we know
- The RMAFC instructed the NUPRC to dissolve the disputed Host Community Development Trust within 48 hours due to concerns about its formation and representation.
- Mohammed Shehu reaffirmed the commission’s commitment to oversight and transparency in managing national revenue assets.
- The Investment Monitoring Committee, led by Ekene Enefe, criticized SEEPCO for not honoring invitations and failing to meet obligations to host communities.
- The NUPRC maintained it followed legal requirements, but community representatives like Peter Chukwudi challenged the adequacy of consultations and representation.
- State officials, including Professor Charles Ofoegbu, called for better collaboration and transparency to ensure host communities benefit from petroleum activities.
