PIB: Stakeholders, Ondo communities kick, reject 3% oil revenue - Daily Post Nigeria

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Stakeholders in Ondo State have described the proposal by the National Assembly to give only three percent share from oil and gas revenue to host

Reacting to the proposal spelt out in the Petroleum Industry Bill, PIB, the stakeholders said it was insensitive to allocate such paltry share to host communities that had their environment exposed to health hazards.

The former Secretary-General of Afenifere, Sehinde Arogbofa advised that the federal government tread carefully on the issue.

 

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