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Governance

PIA’ll create cordial host community relationship, development trust fund – Sylva

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TDPel Media

By Ella Anokam The Federal Government says the Petroleum Industry Act (PIA) has addressed the relationship with host communities with the creation of the Host Community Development Trust Fund (HCDTF). The Minister of State for Petroleum Resources, Timipre Sylva said this at the PIA session of the ongoing fifth Nigeria International Energy Summit (NIES 2022) on Tuesday in Abuja. Sylva said the Fund would foster sustainable prosperity and economic benefits from petroleum to host communities. He said the fund would also provide direct social economic benefits and enhance peaceful and harmonious c…

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