PIA: Minister assures HOSTCOM of FG’s engagement on details of their 3% benefits

Minister of state for Petroleum Resources, Chief Timipre Sylva has
assured Host Communities Producing Oil and Gas (HOSTCOM) that it has perfected plans to engage the people especially in the Niger Delta on the details contained in the Petroleum Industry Act (PIA).
Sylva gave the assurance while playing host to a delegation from Ogbia in Bayelsa state.

The spokesperson of the Ogbia delegation, Eric Aworabhi in a statement issued in Abuja on Friday quoted the minister to have indicated that the 3% for host communities in the PIA will in great measure better the living standards of the Niger Deltans as it will redefine the oil and gas industry to compete favourably at the global market.

He said the minister was particularly pleased with the manner in which the host communities have maintained peace in the region and optimism

On the construction of the Oloibiri oil museum which was conceived since 1983, chief Timipre Sylva announced that the project has gotten to a point of no return as the Federal Government has graciously approved the project.
He added that all partners; the Bayelsa state government, Shell Petroleum Development Company, Nigeria Content Development and Monitoring Board and the Petroleum Technology Development Fund have made strong commitments to engage Julius Berger Construction company to start work soon.

Earlier, Spokesperson of the Ogbia delegation, former Nigerian Ambassador to Italy, Eric Aworabhi commended President Muhammadu Buhari for the reforms in the Petroleum sector and the major developmental projects sited in Bayelsa state, especially in Ogbia and the Brass island