Tribune OnlineTribune OnlineTribune Online
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
Reading: HostCom charges HCDTs with impactful developmental project
Share
Notification Show More
Font ResizerAa
Tribune OnlineTribune Online
Font ResizerAa
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
  • About Us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Advertise
Have an existing account? Sign In
Follow US
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions
Home » HostCom charges HCDTs with impactful developmental project
Latest News

HostCom charges HCDTs with impactful developmental project

Amaechi Okonkwo
March 19, 2025
Share
HostCom charges HCDTs with impactful developmental project
Add as a preferred source

The National President, Host Communities Nigeria Producing Oil and Gas, Highness Dr Benjamin Style Tamaranebi (JP), has urged Host Communities Development Trusts (HCDTs) to embark on projects that will positively impact and uplift the face of communities within their trusts.

Giving the charge at the Town Hall Engagement with Host Communities Development Trustees (HCDTs) and Settlors in Rivers State, organised by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in conjunction with HostCom Project Management and Adversary Consult, Tamaranebi observed that the absence of proper development in oil-producing communities has made this call a matter of priority.

He added that the HCDTs should be deliberate in embarking on projects that would lift oil host communities within their trusts out of the crushing poverty they endure, despite bearing the brunt of years of oil exploration and production.

According to him, the development of host communities would create a win-win situation for the tripartite concerned parties: the government, oil companies, and the host communities.

Delivering his address, Tamaranebi stated that every trust in the oil-producing areas has been funded with the aim of translating these funds into sustainable development projects in the communities through the boards of trustees.

The National President added that each trust has access to funds running into billions in their coffers. He insisted that if these funds were properly utilised, the Niger Delta and its communities would be developed to the standard of other oil-producing areas.

In his words: “Money has been paid to these trusts, and each of these trusts has billions in their coffers. No trust in the Niger Delta cannot boast of a billion naira, and these funds are meant for development.”

He expressed dismay at frivolous projects, duplication of projects, and the siting of projects outside the communities, saying: “There should be proper utilisation of funds for projects.”

“Look for and embark on projects that would impact the people, and site them in the community, not outside. Build and train human beings through scholarships for students and the like,” he added.

He observed that some of the host communities are wealthier than even their local government areas, charging the HCDTs to “utilise the 3% allocation as enshrined in the Petroleum Industry Act (PIA) so there’ll be change, development and progress in our communities.”

Tamaranebi further explained that the Town Hall Engagement was aimed at interacting with chairmen, secretaries, and traditional rulers of HCDTs to become conversant with their challenges, assuring them that their issues would be escalated to the NUPRC for proper attention.

The Chief Executive of NUPRC, Gbenga Komolafe, in his remarks, noted that the gathering underscored the collective commitment of all stakeholders, including the government, traditional rulers, oil companies, and the communities themselves, to foster sustainable community development, inclusiveness, and accountability in the Niger Delta.

Represented by the Deputy Manager, NUPRC Rivers State Chapter, Jerry Mbonu, Komolafe said: “The NUPRC remains dedicated to regulatory oversight, policy support, and technical assistance to ensure host communities thrive alongside the petroleum industry.”

“Let us seize this opportunity to turn challenges into opportunities and drive sustainable, inclusive development in the Niger Delta,” he added.

In his goodwill message, Iduonibin Obaghama stated that the fruition of the PIA was the result of the efforts of resilient men and women in the region who fought for their rights.

He enjoined stakeholders to partner in the development of host communities, saying: “We are all from communities. It’s up to us to develop our communities. That’s all we’ve been saying here.”

ALSO READ FROM NIGERIAN TRIBUNE


WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV

  • Back to School, Back to Business A Fresh Start

  • Relationship Hangout: Public vs Private Proposals – Which Truly Wins in Love?

  • “No” Is a Complete Sentence: Why You Should Stop Feeling Guilty

  • Relationship Hangout: Friendship Talk 2025 – How to Be a Good Friend & Big Questions on Friendship

  • Police Overpower Armed Robbers in Ibadan After Fierce Struggle


    Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more.
    Join our WhatsApp Channel now


TAGGED:HCDTsHostcom
Previous Article Google pay Asian employees Google to pay $28m to settle claims it favoured white, Asian employees
Next Article I never received N13 million, Ondo deputy governor, PDP, Agboola, PDP primary, PDP, Agboola Ajayi, Ondo 2020, PDP ,Ondo deputy gov, Ajayi alleges, Ondo PDP youths, Ondo deputy governor, Deputy governor defection, Ondo Deputy governor dumps APC, akeredolu, aides, Ondo APC, PDP clash over security as Ajayi criticises Ondo gov

Most Read

  • Opay to customers: How to check eligibility for FG’s N50,000 cash support
    Opay to customers: How to check eligibility for FG’s N50,000 cash support
  • FULL LIST: Nigerian-Americans who won US mid-term elections
    FULL LIST: Nigerian-Americans who won US mid-term elections
  • FULL LIST: Identities of nine victims killed in Florida jet crash revealed
    FULL LIST: Identities of nine victims killed in Florida jet crash revealed
  • We must give our children confidence, capability to be part of digital future — Awolowo Dosumu
    We must give our children confidence, capability to be part of digital future — Awolowo Dosumu
  • UPDATED: Trump blames Iran for US midterm election results
    UPDATED: Trump blames Iran for US midterm election results
  • DEVELOPING: Trump's party suffers defeat as Democrats take control of US Congress
    DEVELOPING: Trump's party suffers defeat as Democrats take control of US Congress
  • Elon Musk jokes about Republican’s midterm election loss
    Elon Musk jokes about Republican’s midterm election loss
  • 2027 and the electoral fortunes of Nigeria (1)
    2027 and the electoral fortunes of Nigeria (1)
  • Emir Sanusi X-rays Tinubu’s govt
    Emir Sanusi X-rays Tinubu’s govt
  • Nigeria registers 3,500 firms, 20,000 products under ETLS — Minister
    Nigeria registers 3,500 firms, 20,000 products under ETLS — Minister

Frontpage Today

Subscribe to e-Paper

E-Vending, e paper, pdf, e-paper, Tribune
QUICK LINKS

About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
COLUMNS

Aplomb
Ask The Doctor
Autoclinic With The Mechanic
Awo's Thought
Empowered For Life
Festus Adebayo's Flickers
Gibbers
Intimacy
Language & Style
Leadership & Management
Lynx Eye
Monday Lines
Mum & Child
Natural Health
Notes from Atlanta with Farooq Kperogi
On The Lord's Day
Your Life Counts

ENTERTAINMENT

Entertainment

RELIGION

Tribune Church
Church News
Muslim Sermon
Eye of Islam
Islamic News

EDITORIAL

Editorial
Opinion
Letters
News Extra

BUSINESS

Capital Market
Money Market

REGIONS

Niger Delta
Arewa
MORE

Sexuality & Health
Special Report
Sports
Tourism
Travelpulse & MICE
Weekend Lagos
Book Review
Education
Event Digest
Crime & Court
Ecoscope
Energy
Maritime
Aviation
Brands & Marketing
Agriculture
Info Tech
Labour
Leadership & Management
Arts & Culture
Arts & Reviews
Politics
Health News
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions

Add Tribune Online to your Homescreen!

Add
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?