Delta Communities Threaten Shutdown of NEPL's Operations Over Funding Dispute
Delta communities in Isokoland hosting NEPL's operations in OML 26 are considering shutting down the oil company's activities for not funding the Host Community Development Trust (HCDT) as mandated by the Petroleum Industry Act of 2021. The stakeholders are displeased with NEPL's delay in implementing the Act, which requires the allocation of funds for community development.
The communities demand a review of the relationship with NEPL and the Nigerian National Petroleum Company (NNPC). Despite several meetings, NEPL has not met the communities' expectations, leading to growing frustration among the locals.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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