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Fresh FM Nigeria| Keeping you fresh all day > Blog > Business > Ten modular refineries set for production in Niger Delta
Business

Ten modular refineries set for production in Niger Delta

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Last updated: August 13, 2019 2:26 PM
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The National Chairman of the Host Communities of Nigeria Producing Oil and Gas, Dr Mike Emuh, says about 10 modular refineries will soon begin operation across the states of the Niger Delta region.

The HOSCON chairman disclosed this on Sunday after he was elected for a second term of four years at the just-concluded Annual General Meeting of the body in Effurun, Uvwie Local Government Area of Delta State.

Emuh also said that the Federal Government had begun moves to comply with the demands of HOSCON to ensure payment of derivation fund to oil-bearing communities in the region.

The AGM had representatives from nine oil and gas producing states in the region.

Emuh added that HOSCON had already trained some personnel whose duty was to ensure the surveillance of pipelines once the modular refineries begin operation.

He assured that the body would ensure smooth operation of the refineries.

He, however, posited that there was serious agitation in the region over the delay in releasing the derivation funds to oil-producing communities.

The HOSCON chairman appealed to the Federal Government to speed up the payment of the 13 per cent derivation fund to oil producing communities in Niger Delta, adding that the development would fast-track socio-economic development in the region.

He also called on multinational companies operating in the region to relocate their corporate headquarters to the region.

He said, “The law requires the fund to be paid to the host communities for environmental degradation, pollution and plundering of the communities as a result of gas flaring.

“But the International Oil Companies paid the fine to the Department of Petroleum Resources and on receipt of the money, DPR pays the money to the Central Bank of Nigeria, which later transfers the money to the Federation Account. This is an aberration.”

Emuh, whose second term reaffirmation motion was moved by Akwa Ibom State chairman of the body, Obong Okon and subsequently supported by its Bayelsa State counterpart, Idubamo Awala, assured the Federal Government that HOSCON would ensure there was lasting peace in the region.

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