The Minister of State for Petroleum Resources, Timipreye Sylva, has tasked the people of Niger Delta on effective utilisation of the three percent equity
Sylva stated this when he played host to some leaders and elders of an Ijaw group who visited him in the aftermath of the passage of Petroleum Industry Bill in Abuja.
He lamented a situation where communities in the Bonny Island cannot access funds paid to them by the Nigeria Liquefied Natural Gas Company, NLNG, following court cases instituted by some individuals, who considered themselves as the right people to hold the funds in trust.
According to the minister, the Federal government will immediately engage the host communities and sensitize more stakeholders on the three percent equity after the presidential assent.
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