and the Ministry of Finance have been called upon by the House of Representatives to immediately release N27.6 billion to oil-producing communities for the mitigation of the effects of gas flaring on their environment.
It, therefore, mandated its Committee on Host Communities to ensure the release of the N27.6 billion and report back within a month for further legislative action. The House said it was also aware that over N100 billion has so far been received as gas flaring penalty or fines by the Department of Petroleum Resources and paid to the CBN.It pointed out that Section 104, subsection of the PIA and other international laws demands that, monies collated as gas flaring penalties be paid to host communities for environmental remediation and relief.
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