The Host Communities of Nigeria producing oil and gas ( HOSTCOM) , has commended President Bola Tinubu for attracting $5billion Bonga North Deep Offshore Field.
This is as it claims that efforts of the President on security across the various oil communities and that of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), have facilitated increase in daily oil production to 2.06million barrels per day.
The National President, HOSTCOM, Benjamin Tamaramiebi, stated these in Abuja on Monday at an interactive session with journalists in his Asokoro office.
He said: “HOSTCOM as the umbrella body of oil and gas producing communities in Nigeria , commend President Bola Tinubu for recently atteacting $5billion to the Bonga North Deep offshore.
“This underscores the transformative impact of President Tinubu administration’s policies in revitalising Nigeria Oil and Gas sector”.
He also commended the Honorable Minister of state, Petroleum Resources Oil, Sen. Heineken Lokpobiri his counterpart Honorable Minister of state Gas, Chief Hon. Ekperikpe Ekpo , for also working tirelessly in achieving the dream.
According to him, “The enabling environment created by the federal government and strict monitoring of implementation of the Petroleum Industry Act ( PIA) by NUPRC, has made daily oil production to hit 2million barrels”.
“Today Host Communities can boast of billions of naira for self developmental projects in Niger Delta region.
” When Engr Gbenga Komolafe, took over martle of leadership of NUPRC , the oil production was 1.6 to 1.7 million barrels of Crude per day but today it has increased to 2.06 million barrels per day.
“With a deep sense of responsibility, we have observed with keen interest and observed the transparency demonstrated by the Commission in the conduct and adherence to established protocols and regulations to ensure effective conduct of their practices and accountability.
“Following the reassurances of the Commission to continue to engage the Host Communities of Nigerian Producing Oil and Gas, we rates the score card of the Commission by passing a vote of Confidence on the Nigerian Upstream Petroleum Regulatory Commission and the management team ably led by the Commission Chief Executive, Engr Gbnega Komolafe – FNSE CFR for an award of excellence for its commitment to Petroleum Communities’ sustainable development and protection of their participatory rights.
“With regards to the aforementioned strides of the NUPRC for delivering within record time, we call on all meaningful stakeholders to join hands with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to facilitate the speedy implementation of the 3% OPEX which is overdue by some settlors”, he added .