Host communities, litigations delay trust fund implementation – HOSTCOM
By Emmanuella Anokam
The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM) says some delays in Host Community Development Trust (HCDT) Fund creation and implementation are caused by community members and litigations.
The HOSTCOM said pending issues by host communities in choosing members and chairman of the Board of Trustees (BoT) delayed the implementation of the HCDT funds.
Dr Benjamin Tamaranebi, National President, HOSTCOM, disclosed this to newsmen on Thursday in Abuja while making clarifications on recent claims on the Host Community Project Funding in Akwa Ibom.
The News Agency of Nigeria (NAN) reports that HCDTs are responsible for managing and distributing oil company funds to the host communities, ensuring that resources are used effectively for community d...


















