A group, Coalition of Oil Producing States/Ex-Agitators in Niger Delta (COPS/EAND) has praised the Nigerian Upstream Petroleum Regulatory Commission for mandating the oil companies to comply with their three percent statutory payment to the host communities.
In a press statement issued in Abuja by coordinator of the coalition, Hon. Afe Samson, he commended the NUPR boss, Engr. Gbenga Komolafe and his management team for their recognition of the statutory provision and commitment of oil companies to the host communities as stipulated in the Petroleum Industry Act (PIA).
The group also passed a vote of confidence on Komolafe for his commendable efforts and sacrifices.
The COPS/EAND said that the NUPRC’s directive was a welcome development that would ensure that the oil-bearing communities benefit from the resources in their land and water.
While urging the oil companies, particularly those that have not complied to adhere to the NUPRC’s directive and pay their dues to the host communities without delay or excuses, Samson said.
“The 3% statutory commitment was a right and not a privilege for the host communities, and that any attempt to deny or shortchange them would be met with stiff resistance.”
Samson expressed their readiness to work with the NUPRC and the host communities (HOSTCOM) to monitor and enforce compliance by the oil companies.
He expressed gratitude to the chief executive officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) – Engr. Gbenga Komolafe, saying this is a laudable achievement that demonstrates his commitment to the development and empowerment of the oil producing states and their people. “We consider this a significant step towards fostering peace, development and sustainability in the region,” he added.