Strategic Partnerships Urged Between Host Communities and Oil Companies to Boost PIA Implementation
Stakeholders in Nigeria’s oil sector are advocating for stronger strategic partnerships between host communities, oil and gas companies, regulators, and government agencies to drive the successful implementation of the Petroleum Industry Act (PIA). The call came during a one-day Stakeholders Forum organized by the KEFFESSO Host Community Development Trust (HCDT) at the NCDMB Conference Centre in Yenagoa. Participants emphasized that collaboration is key to translating the PIA’s provisions into tangible benefits for local communities.
Themed “Strengthening Visionary Leadership, Accountability, and Inclusive Growth in Host Communities,” the forum brought together representatives from the 11 host communities of Southern Ijaw and Brass LGAs in Bayelsa State. Established under the PIA 2021, KEFFESSO HCDT manages 3% of the annual operating expenditure of oil companies in the area, channeling these funds into developmental projects for host communities. Stakeholders stressed that the trust serves as a crucial bridge between the oil industry and local communities.
King Moses Theophilus, Chairman of the KEFFESSO HCDT Board of Trustees, highlighted the successes of the trust while acknowledging ongoing challenges such as local participation in contracting, employment opportunities, and capacity building. He urged all stakeholders—including communities, settlers, regulators, and development partners—to collaborate more closely, share knowledge, and solve problems collectively to maximize the impact of community development initiatives.
Representatives from First Exploration and Production (First E&P), including Managing Director Ademola Adeyemi-Bero, reiterated the company’s commitment to community partnership. Through projects in health, education, and enterprise development, First E&P has contributed to improving social welfare and fostering peace within host communities. “Our relationship with KEFFESSO HCDT goes beyond regulatory obligations; it reflects a deep responsibility to the people and areas where we operate,” the company stated.
The event also featured contributions from the Nigeria Content Development and Monitoring Board (NCDMB) and regulatory bodies, with pledges to continue supporting HCDTs and host communities. Workshops for HCDT chairpersons, secretaries, women, youth, and community representatives were held, emphasizing inclusivity and accountability. Stakeholders concluded that strong, structured partnerships are essential to turn the PIA from a policy framework into a practical, sustainable mechanism for community growth and equity.
source: The Guardian