Tag: Petroleum Industry Bill

Bayelsa State Governor, Senator Douye Diri, has warned that the definition of a host community in the just passed Petroleum Industry Bill by the National Assembly was a time bomb if not properly addressed. He also restated the position of governors of the southern states that it was an injustice to allot three per cent of oil revenue for the host communities that bear the brunt of exploration and exploitation activities. Governor Diri spoke on Tuesday when he featured as guest on Channels Television breakfast current affairs programme, Sunrise Daily. He was quoted in a press release by his Chief Press Secretary, Daniel Alabrah, that prior to Monday's meeting of the southern states governors in Lagos, the states had been in consultation with relevant stakeholders on their posit...