Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
PRICING
SUBSCRIBE
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
No Result
View All Result
Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
  • Trends

Home » News » Why Host Communities Are Not Impacted By PIA’s 3% Fund- Dekor

Why Host Communities Are Not Impacted By PIA’s 3% Fund- Dekor

June 21, 2026
in News
Reading Time: 2 mins read

[mc4wp_form id=33047]

Nearly five years after the Petroleum Industry Act (PIA) introduced the Host Community Development Trust (HCDT) framework to channel development funds to oil-producing communities, stakeholders say many host communities across the Niger Delta are yet to experience the full benefits of the scheme despite substantial financial contributions from oil companies.

The concern formed the centrepiece of discussions at a one-day Town Hall Meeting on “Maximizing the Benefits of Host Community Development Trusts in Host Communities in the Niger Delta,” organised by Stakeholder Democracy Network (SDN) in Port Harcourt.

Chairman of the House of Representatives Committee on Host Communities, Hon. Dumnamene Dekor, disclosed that about 140 Host Community Development Trusts have received funding either fully or partly under the PIA, but lamented that the expected impact remains largely absent in many communities.

“About 140 Trusts have been funded, either fully or partly, but are we having that impact in these communities? The answer is no,” Dekor said.

According to the lawmaker, internal leadership disputes, disagreements among stakeholders, prolonged court cases and delays in project implementation have prevented many trusts from translating available funds into visible development projects.

He noted that while oil companies have continued to make statutory contributions to the trusts, some communities have failed to utilise the funds effectively, leaving resources idle instead of addressing critical development needs.

Dekor warned that the House Committee would begin stricter oversight of the trusts from July 2026 and compel administrators to account for the management of funds and the progress of projects in their respective communities.

Also speaking at the meeting, SDN Country Director, Mrs. Florence Ibok-Abasi, said although some trusts have recorded significant successes through infrastructure projects, scholarships and livelihood programmes, governance and accountability challenges continue to undermine the effectiveness of the initiative in several communities.

She stressed that stronger monitoring mechanisms are needed to improve transparency and ensure that the objectives of the Petroleum Industry Act translate into measurable improvements in the lives of people living in oil-producing areas.

To address the challenge, SDN unveiled an Independent Host Community Development Trust Monitoring, Evaluation, Accountability, Reporting and Learning Platform designed to provide real-time information on HCDT implementation and support evidence-based oversight across the Niger Delta.

Stakeholders at the meeting agreed that unless issues of governance, accountability, community participation and institutional capacity are addressed, the promise of the PIA’s three per cent Host Community Fund may remain unrealised for many of the communities it was created to serve.

(The Whistler)

RelatedNews

How to Apply for Nigerian Army ₦2m Literary Competition
News

How to Apply for Nigerian Army ₦2m Literary Competition

November 3, 2026
Nigeria, China Sign $30m Grant For Grassroots Development Projects
News

Nigeria, China Sign $30m Grant For Grassroots Development Projects

November 2, 2026
Tinubu appoints ex-Reps member as New Federal Character Commission (FCC) chairman
News

Tinubu Appoints 6 Executive Directors for NMDPRA, Seeks Senate Confirmation

October 30, 2026
VIDEO: President Tinubu Arrives in Jeddah, Saudi Arabia
News

VIDEO: President Tinubu Arrives in Jeddah, Saudi Arabia

October 29, 2026
Orok Duke recounts how late Anietie Akpan saved his life during military rule
News

Orok Duke recounts how late Anietie Akpan saved his life during military rule

October 28, 2026
“Let us write about ourselves,” Duke urges minorities ahead of Abuja book launch
News

“Let us write about ourselves,” Duke urges minorities ahead of Abuja book launch

October 27, 2026
Next Post

SERAP to Akpabio, Abbas: “Refund N110bn spent on luxury cars and unlawful allowances now”

NDC Candidate Alleges Plot To Replace Her With Obidient Movement Leader's Son After Winning Kaduna Assembly Primary

Latest News

Police Arrest Yellow Duke for Allegedly Attacking Peter Obi Convoy in Calabar

Police Arrest Yellow Duke for Allegedly Attacking Peter Obi Convoy in Calabar

November 4, 2026
Cross River ADC Inaugurates 63-Person Campaign Council to Remove Otu in 2027

Cross River ADC Inaugurates 63-Person Campaign Council to Remove Otu in 2027

November 4, 2026
Oden Ewa Appoints Campaign Chairman, DG, Secretary

Oden Ewa Appoints Campaign Chairman, DG, Secretary

November 4, 2026
Cross River NDC Excos Pass No-Confidence Vote on State Chairman

Cross River State NDC: An Opportunity Lost

November 4, 2026
From Classroom to Global Stage: How MOJODA’s Super XVI is Redefining Football Development in Cross River

From Classroom to Global Stage: How MOJODA’s Super XVI is Redefining Football Development in Cross River

November 4, 2026

Topics

  • Latest News
  • Nigeria
  • Africa
  • Europe
  • Asia
  • Americas
  • United States

Social Media

  • WhatsApp
  • Facebook
  • X (Twitter)
  • YouTube
  • LinkedIn

Special Topics

  • Column
  • Bassey Otu
  • Bola Tinubu
  • Special Reports
  • Profile & Biography
  • Opinion
  • Latest News
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.

No Result
View All Result
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.