Commission Reaffirms Commitment to Host Communities in Oil, Gas Sector

by TheDiggerNews

Abuja: The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reaffirmed its commitment to supporting oil and gas host communities, pledging fair and transparent benefits in line with constitutional provisions.

Chairman of the RMAFC, Dr Mohammed Shehu, made this known when he received a delegation from the Host Communities of Nigeria Producing Oil and Gas (HOSCON) in Abuja.

He commended HOSCON for its peaceful approach in addressing issues of resource allocation and environmental justice in oil-producing areas.

Shehu assured that the commission will study HOSCON’s position paper and work with stakeholders to develop a transparent framework for disbursing and utilising the 13 per cent derivation fund.

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Meanwhile, HOSCON Chairman, Prince Michael Emuh, expressed appreciation to the commission, describing the engagement as a new dawn for neglected host communities.

On his part, Secretary of the Commission, Mr Joseph Nwaeze, also reaffirmed RMAFC’s commitment to fairness and urged HOSCON to pursue legislative backing for the 13 per cent derivation framework.

He called for strong collaboration, dialogue and constitutional reforms to strengthen the inclusion of host communities.

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