Connect with us

News

PIA: NUPRC inaugurates forum for host communities

Published

on

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has inaugurated the Host Community Development and Administration Trust Board of Trustees (BOT) Forum.

The exercise held at the Commission’s headquarters in Abuja and was witnessed by top management staff of the Commission, Host Community leaders, settlors and stakeholders.

The Commission Chief Executive (CCE), Engr. Gbenga Komolafe, who inaugurated the forum, said it became imperative because there was the need for not just a one-stop-shop for resolving host communities’ issues but a vehicle that would enable the smooth administration of the host community provisions of the Petroleum Industry Act (PIA), 2021.

He said it was another initiative of the Commission that would add value to the successes recorded in the host Community provisions in the Act.

Engr. Komolafe said in compliance with Sections 232 and 235 of the PIA, which provides for implementing the Host Community Development Trust (HCDT), NUPRC has incorporated one hundred and three (103) Trusts.

“This is because of the Commission’s priority on social inclusion, which is one of the key objectives of the Host Comm provisions under the PIA, with the belief that social inclusion is and will be the recipe for peace and harmony that will enhance the operations of the oil industry,” he added.

Given the realisation that a peaceful and harmonious operating environment can enhance production in the host communities, the CCE said the Commission focused attention on developing host community regulations, among other key regulations the Commission has so far handled. It was also the reason why the Commission brought up the HDCT Board of Trustees so that there could be, aside from other benefits, a Rule of Uniform Application as part of the developmental objectives provided under the PIA, 2021.

Engr. Komolafe pointed out that from the outset, the Commission had decided to implement the HostCom provisions transparently. For efficiency and effectiveness of the scheme’s implementation, the Commission partnered with an Original Equipment Manufacturer (OEM) to develop a transparent real-time digital portal/reporting system, known as HOSTCOMPLY, where administration of the scheme will be reported. The HOSTCOMPLY portal is a comprehensive solution designed to facilitate compliance with the Host Communities Development provisions of the Act, which functions include the incorporation application process, request for approvals, submission of reports and project monitoring.

Having learned from past attempts to implement this type of scheme in the country, the key objective of this vital scheme is transparent implementation using a digital approach, Engr. Komolafe added.

For a seamless implementation and achievement of the intended objective, the Commission intends to ensure capacity building for BOT members to enable proper understanding and implementation of this initiative. By the time the scheme is fully implemented, all stakeholders should be able to follow progress most transparently.

To drive the transparency objective, the Commission invited the OEM development expert who designed the digital portal, Prof. Magnus Kpakol, Executive Chairman of the Economic Growth and Development Centre, to share his knowledge and expertise with the board members in a manner that would ensure that the provision for HostCom in the PIA is effectively realised.

In his opening remarks, the Executive Commissioner, Health, Safety, Environment and Community (HSEC), Captain John Roland Tonlagha, said that the forum is a platform for engagement between BOT, settlors and host communities.

He explained that the forum enhances accountability and transparency since effective development requires careful planning and strategic decision-making.

“The forum also serves as a space where stakeholders collectively access the operationalisation of the Host Community Development Trust. So, through informed discussions and exchange of ideas, the BOT can make decisions that align with the goal and aspiration of the PIA for the Host Community Development Trust.

He hoped that the Trust would operate within the ambits of the law and, through constructive dialogue facilitated by the HCDT Forum, deliver tangible results to the communities it serves.

The acting Director of Host Communities, Mrs. Ejiro Ofondu, also gave a status report on the implementation of the HCDT.

According to the report, by Thursday, February 22, 2024, thirty-five (35) settlors had sent their applications to the Commission for the incorporation of HCDT. One hundred and sixty (160) of such applications have been received and attended to, while (one hundred and eleven (111) have been approved to be incorporated by the Corporate Affairs Commission (CAC).

Out of the one hundred and eleven (111), one hundred and three (103) have completed the entire process and have been fully incorporated. Fifty-two (52) have so far been funded. Currently, forty-three (43) applications are still in the pipeline; some are under review, and some are under litigation.

News

JUST IN: Student loan application portal opens May 24

Published

on

The Federal Government, through the Nigerian Education Loan Fund, on Thursday night announced that May 24, 2024, was the official date for “the opening of a portal for student loan applications,” a statement signed by the media lead of the Fund, Nasir Ayantogo said.

Ayantogo, in a statement, said the opening of the application portal marks a significant milestone in the commitment of President Bola Tinubu to” fostering accessible and inclusive education for all Nigerian students.”

On June 12, 2023, Tinubu signed the Access to Higher Education Act, 2023, into law to enable indigent students to access interest-free loans for their educational pursuits in any Nigerian tertiary institution.

The move was in “fulfilment of one of his campaign promises to liberalise funding of education,” a member of the then Presidential Strategy Team, Dele Alake, said.

The Act, popularly known as the Students Loan Law, also established the Nigerian Education Loan Fund to process all loan requests, grants, disbursement, and recovery.

Although the government initially announced that the scheme would be launched in September, it suffered several delays, leading to an indefinite postponement in early March.

The Presidency had linked the delay to Tinubu’s directive to expand the scheme to include loans for vocational skills.

After receiving a briefing from the NELFUND team led by the Minister of State for Education, Dr Yusuf Sununu, on January 22, the President directed the Fund to extend interest-free loans to Nigerian students interested in skill-development programmes.

Tinubu based his decision on the need for the scheme to accommodate those who may not want to pursue a university education, noting that skill acquisition is as essential as obtaining undergraduate and graduate academic qualifications.

“This is not an exclusive programme. It is catering to all of our young people. Young Nigerians are gifted in different areas.

“This is not only for those who want to be doctors, lawyers, and accountants. It is also for those who aspire to use their skilled and trained hands to build our nation.

“In accordance with this, I have instructed NELFUND to explore all opportunities to inculcate skill-development programmes because not everybody wants to go through a full university education,” he had said.

Through the portal, students can now access loans to pursue their academic aspirations without financial constraints.

The portal, according to the statement, provides a user-friendly interface for students to submit their loan applications conveniently.

“We encourage all eligible students to take advantage of this opportunity to invest in their future and contribute to the growth and development of our nation.

“Students can access the portal on www.nelf.gov.ng to begin application,” the statement said.

Continue Reading

News

Reps threaten cancelation of PPP and concessions in transport ministry

Published

on

The House of Representatives Committee on Public Assets has issued a stern warning to cancel all Public-Private Partnership (PPP) agreements and concessions within the Federal Ministry of Transport.

The announcement came during a session in Abuja where the committee interrogated officials from the ministry, led by Permanent Secretary Pius Oteh.

Chairman of the Committee, Rep. Ademorin Kuye, expressed dissatisfaction with the lack of compliance with existing laws in the PPP and concessions agreements, particularly concerning the Nigeria Railway Corporation (NRC) and the Railway Property Management Company Limited (RPMC).

Kuye stated that non-compliance with extant laws could lead to the cancellation of these agreements.

Oteh also told the committee that the ministry has over 170 leases but was unable to provide the relevant documents as required by the lawmakers to prove whether there were compliance with the extent laws.

One of the required documents is the receipt of payment which the lawmakers said was not attached to the documents submitted by the ministry in disregard to their request.

The committee in its resolution invited the Minister of Transport, Chief Executive Officer of Nigeria Railway Corporation and other relevant organisations to appear on their next sitting.

The chairman warned that the committee will not hesitate to invoke relevant constitutional provisions if any organisation fails to honour their invitation.

“As you may be aware, this committee will not hesitate to invoke the relevant constitutional provisions if any head of ministry, agency or department fails to honour the invitation of this committee.

“We can issue an arrest warrant and direct the relevant security agencies to bring such person here,” he said.

He noted that improper management of government assets through public Private Partnership and Concessions has been one of the major challenges in infrastructure development.

It would be recalled that the House of Reps through its resolution in Feb. mandated the committee on Public Assets and Special Duties to probe Public-Private Partnership initiatives and concession agreements across the country.

The committee noted that in spite of initiating several PPPs and concession programmes, the outcomes have been mixed, with some projects stalled and others failing to yield anticipated results.

Continue Reading

News

Edo election: INEC fixes May 27 to start distribution of PVCs

Published

on

The Independent National Electoral Commission, INEC, in Edo State, will begin the distribution of about 373,030 uncollected Permanent Voter Cards, PVCs on May 27.

The state Resident Electoral Commissioner, REC, Anugbum Onuoha, made this known in Benin on Thursday, during a stakeholders’ meeting on the forthcoming Continuous Voter Registration, CVR, exercise.

Onuoha stated that the PVC collection exercise would be done side-by-side with the CVR exercise, also scheduled for May 27.

INEC Chairman, Mahmood Yakubu, had announced to begin the CVR exercise in Edo and Ondo ahead of the governorship elections in the two states.

Onuoha says while the statistics of registered voters in Edo is 2,501,081, collected PVC is 2,128,288 and uncollected PVCs stand at 373,030.

He said both the CVR and the PVC collection would be a 10-day exercise, starting from May 27 to June 5, from 9.00 a.m. to 3.00 p.m. daily, including weekends.

The REC explained that the exercise would be conducted in the 192 wards and the state headquarters of INEC in Edo.

He also disclosed that each registration centre would be managed by two officials drawn from the commission and the National Youth Service Corps, NYSC.

“In addition to the registration of voters, the commission will also make available the uncollected PVCs for collection during CVR.

“Also note that no PVC will be collected by proxy. Registered voters should come in person to collect their cards.

“There will be no pre-registration option because of time constraints,” he said.

Onuoha, however, appealed for the support of the media, Civil Society Organisations, CSOs, traditional rulers and religious leaders in encouraging voters to locate and pick up their PVCs.

According to him, the commission has published the final list of candidates for the Edo governorship election following the conclusion of primaries of the political parties.

Continue Reading

Trending