PIB: 2.5% For Host Communities Not Acceptable – Gov. Diri
Bayelsa State Governor, Senator Douye Diri, has said the 2.5 per cent revenue proposed for host communities in the Petroleum Industry Bill (PIB) was grossly inadequate and unacceptable to the people of the Niger Delta.
Senator Diri stated this on Tuesday during a town hall meeting on the bill with members of the National Assembly and stakeholders in Yenagoa.
The governor, who proposed that 10 per cent be provided for host communities, contended that if National Assembly members see first hand the level of environmental degradation and its attendant effects on the people, they would not hesitate to increase it from 10 per cent.
Governor Diri, in a press release by his Chief Press Secretary, Mr Daniel Alabrah, stressed that the PIB was critical in addressing issues such as unemp...