28/07/2023
The PIA by providing for the establishment of the Host Community Development Trust ( HCDT), has shown an intention for sustainable community development.
The concept of the HCDT is not novel to the petroleum industry in Nigeria, the Global Memorandums of Understanding (GMOU) which international companies (IOC) use to execute projects to meet up with their corporate social responsibilities in host communities is a similar initiative, however, the PIA has loopholes that may be detrimental to the peace and well-being of oil communities
Talk about
How some communities use to get 10% and now it has been changed to 3%
The modalities of choosing a board of trustees
How the PIA transfers the responsibility of petroleum infrastructural security to the community.
Mention other shortcomings