Business
Belemaoil Commits To Host Communities’ Dev …Inaugurates Trustees Board
Belemaoil Producing Limited has reiterated its commitment to ensuring the development of host communities in the impacted areas of its operations.
The company has consequently inaugurated the Host Community Development Trusts (HCDT) Board of Trustees, an act aimed at addressing the development needs of impacted communities in the oil-producing areas.
Delivering the Keynote Address at the Inauguration, held at Golden Tulip Hotel, Port Harcourt, Weekend, the Acting Managing Director, Belemaoil Producing Ltd, Collins Amadi, said the inauguration was targeted at fostering a harmonious and mutually beneficial relationship between the company and the host communities.
Represented by the Deputy Director, Belemaoil Producing Ltd, Sunday Akpoduado, Amadi said Belemaoil was not only poised to seamlessly integrate the oil bearing communities into the value chain, but comprehensively address their developmental needs.
In his words, “we want to effectively get in touch with you so that we can understand your needs and be able to attend to them
“As we all know, section 235 of the Petroleum Industry Act (PIA) empowers the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) with the responsibility of ensuring a conducive and peaceful environment for all stakeholders within the host communities.
“This is achieved through the implementation of the HCDT Board. Thus, today’s event signifies our unwavering commitment to fulfilling this mandate”.
Commending the representatives of the host communities and other partners for making the event a success, Amadi, however, challenged the host communities to take responsibility of the development of their areas and the nation.
Also speaking, the Chief Upstream Investment Officer, NNPC Upstream Investment Management Services (NUIMS), Bala .M. Wunti, noted that the HCDT, as established under the PIA 2021, reflected the government’s commitment to ensuring its operations benefit the host communities in tangible and long lasting ways.
Wunti said the inauguration has made history not only for the NNPCL/Belemaoil settlors, but for the entire host communities and the nation at large.
“The PIA provisions ensure the Nigerian Upstream host communities receive direct social and economic benefits from energy operations.
“In NNPC Limited, our vision for social intervention is to operate in an ethical and sustainable manner and deal with the environmental and social impacts occasioned by our activities”, he stated.
Wunti further lauded Belemaoil Producing Ltd for its commitment to the Corporate Social Responsibility (CSR) saying, “we look forward to seeing the intent of the HCDT being actualised for the benefit of the host communities and the nation at large”.
The inauguted Board of Trustees were the Kula Communities Host Community Development Trusts, with Chief David Emineye-Orlu and Datolu Sukubo as Chairman and Secretary; IDM Field Communities Host Community Development Trusts, having Ven. Innocent Karibo and Darego Tamunoprite Fubara as Chairman and Secretary; and the IDA Field Communities Host Community Development Trusts with Owunari Blakk and Mrs Mina Igonikon Abaroiwua as Chairman and Secretary respectively.
By: Lady Godknows Ogbulu
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