• Membership
  • Advert Rates
  • Careers
  • About Us
  • Contact Us
  • Digital Store
Friday, June 27, 2025
The Trumpet Newspaper Nigeria
No Result
View All Result
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition
No Result
View All Result
The Trumpet Newspaper Nigeria
No Result
View All Result
ADVERTISEMENT
Home Business

Oil firms’ non-disclosure of 3% PIA funds threaten Isoko’s alternative energy quest

Edu Abade by Edu Abade
November 5, 2024
in Business
Reading Time: 3 mins read
0
PIA
0
SHARES
29
VIEWS
Share on FacebookShare on TwitterShare on LinkedinShare on WhatsAppShare on Pinterest
The quest by the Isoko ethnic nationality in Delta State to channel their share of funds from the 3 percent Petroleum Industry Act (PIA 2021) and invest it in gas-powered alternative energy is being jeopardized by the oil companies in Isoko North and Isoko South councils.

This followed enquiries to the companies by the Isoko Development Union (IDU), which has been frustrated by the oil companies’ failure to disclose how much is due to the Isoko nation since the PIA law came into effect.

IDU expressed concerns that the oil companies’ continued refusal to disclose the actual figures will scuttle its plans to provide alternation power to Isoko nation to revive businesses and make way for the establishment of industries in Isoko to create employment and arrest youth restiveness.

ADVERTISEMENT

Worried by the perennial outage that envelops the area on a yearly basis due to the inability of the DisCos to provide power, IDU decided to explore the provision of alternative energy to its citizens by converting the abundant gas being flared by the oil companies to electricity.

It would be recalled that IDU’s quest for the provision of alternative energy is fueled by the Federal Government’s neglect of Isoko people as a major oil-producing ethnic nation that has no single government presence of infrastructure or political patronage in terms of appointment of Isoko people into any federal organ or position, whether as minister, diplomat or head of Ministries, Departments and Agencies (MDAs).

Uzere, a community in Isoko, is the second location where oil was discovered shortly after Oloibiri in Bayelsa State in commercial quantity. Whereas Oloibiri’s oil wells have since dried up, the wells in Uzere are still waxing strong as major oil and gas hubs that supply huge quantities of hydrocarbons that continue to fuel the national economy.

Yet Uzere and the entire Isoko nation are enveloped in gross darkness. This is also the case in other Isoko communities that are hosts to oil facilities, from Olomoro to Oleh, Irri to Ozoro, Ellu and Ovrode, among others.

To provide alternative energy for Isoko, IDU set up a 10-man Committee on Alternative Energy Supply to Isoko Nation in July 2023, headed by Onwo Nelson, with Edafe Asedegbega as secretary. Other members of the committee are co-chairman, Godspower E. Agbuduta, Oba Obi, Vincent Edewhor, Igelige Morrison, Adonis Ubuwere, Dan Odhomo, Michael Oke and Morister Idibra. The committee recently submitted its report in the form of a communiqué to IDU.

“Harmonising all our projects in 2024 into electricity will deliver the needed result, but without electricity, we cannot develop as an ethnic nation. The PIA 2021, which was signed into law in June 2022 grants 3 percent of OPEX to the host communities.

It also stipulates that the 3 percent must be spent on the host communities after a ‘Need Assessment’ is conducted. The manager of the 3 percent is “Host Communities Trust Fund”.

“We don’t need anyone to tell us what our number one ‘Need’ is other than regular electricity supply. Hence, we have written to the operators in Isoko nation namely: Heritage, Oando/Agip, First Hydrocarbon, NEPL (formerly NPDC) and NUPRC (formerly DPR) for them to reveal how much they’re owing Isoko as guaranteed by PIA, but until now (January 2024) we have not gotten any reply,” a communiqué issued by the committee reads.

Read also: Environmental activists carpet FG for approving GMO TELA Maize

Speaking on the development, Chairman, Committee on Alternative Energy Supply to Isoko Nation, Onwo Nelson, said: “The Federal Government stands to gain a lot from the monetisation of the gas needed to power the IPP Isoko is planning to build.

“Gas flaring will be reduced in our communities to avert the health hazards associated with indiscriminate gas flaring currently being undertaken by these oil companies without regard to the health of Isoko people, which is a crime on its own. However, all these noble intentions are being threatened by the oil companies’ refusal to respond to letters written to them.

“The PIA is an Act of Parliament of the Federal Republic of Nigeria. They should not wait until they are taken to court to respect the constitution or their operations are disrupted through agitation by communities, because the PIA 2021 is a constitutional matter and the odds favour us in our quest to use our own money to develop our nation.

What is even more annoying is these oil companies only take and take and do nothing to help their host communities live better lives. How can Isoko be in darkness when oil companies operate in our lands, destroy farms and flare gas to harm our people?

“They should learn from the Nigeria Liquefied Natural Gas (NLNG) Limited operating in Bonny Kingdom. NLNG gives Bonny Kingdom constant electricity that the people pay for. Why can’t they do so? We now want to give ourselves electricity and so they should not stand in our way by refusing to give us our own money.

“They should not be the clog in the wheel of Isoko’s progress. How do they even sleep at night when they know that their host communities are in total darkness while they flare gas every day that constitutes a hazard to their hosts and the environment their hosts live in?”

Previous Post

Again, experts canvass effective taxation on tobacco products to safeguard public health

Next Post

Tighten regulations, implement report on Ibadan explosion, compensate victims, CAPPA tells FG, Oyo

Edu Abade

Edu Abade

Next Post
implement

Tighten regulations, implement report on Ibadan explosion, compensate victims, CAPPA tells FG, Oyo

About The Trumpet

The Trumpet is a Nigerian based national news media, owned, trademarked and operated by Elomaz Communications Limited with headquarters in FCT-Abuja and regional offices in Lagos and Delta States

Follow Us

Resources

  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition

Recent News

FCTA Minister

FCTA reaffirms commitment to creating enabling environment for teaching, learning

June 27, 2025
tragic accident at taraba market

Tragedy as truck rams into market in Taraba, scores feared dead

June 27, 2025
  • Cookie Policy
  • Disclaimer
  • Contact us
  • About Us
  • Cookie Policy
  • Disclaimer
  • Contact us
  • About Us

© 2025 The Trumpet News Papers - Developed by VIS Nigeria.

No Result
View All Result
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition

© 2025 The Trumpet News Papers - Developed by VIS Nigeria.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Go to mobile version
Verified by MonsterInsights