The Nigerian Federal Government has ordered Chevron Nigeria Limited to settle any disputes concerning the Host Communities Trust Fund. An issue that concerns the oil firm and the local communities in
Warri exploration and the production region in Delta State.
The statement emphasized the need for both sides to maintain peace until the issue was settled and to bear in mind that the federal government was now committed to doing the right thing.
This disagreement between Chevron and the towns of Ugbororo, Ugbegugun, and Dembele in Warri South Local Government Area is primarily based around the formation of a host community trust fund and on who will be on the Board of Trustees.
The residents of the three towns had reportedly assembled at the Escravos Terminal area to campaign against the company, Chevron, claiming that they were not adhering to the Petroleum Industry Act (2021).
To this effect, a meeting was held at the Nigerian Upstream Petroleum Regulatory Commission’s, —NUPRC at the Abuja headquarters on Wednesday, November 29 and the agency’s Chief Executive, Gbenga Komolafe, implored the oil company to resolve the conflict within a fortnight.
Komolafe, had after considering all the arguments of the involved parties, proposed a decision and instructed Chevron to settle the dispute in two weeks, stressing that the applicable law should be followed by all the parties involved in the matter.