House of Reps Public Hearing Day 2 – Host Community Oil and Gas

  • Incorporate a National host community trust fund
  • trustees should be appointed by the Host Communities of Nigeria
  • existing CSR obligations should not be migrated but continued
  • 10% equity participation to be paid to the Host Community Trust Fund
  • adopt the constitution of the National Host Communities of Nigeria
  • gas flare penalties to be included in the trust

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