PIB: Sylva Defends Proposed 2.5% Operating Expenditure of Oil Companies to Host Communities
By Ikenna Omeje The Minister of State for Petroleum Resources, Timipre Sylva, has defended the proposed 2.5 percent of oil companies operating expenditure to host communities, as captured in the Petroleum Industry Bill (PIB) 2020, currently before the National Assembly. The leaders of the oil rich communities under the aegis of the Host Communities of…