PIA: NMDPRA Meets Stakeholders Over Host Communities Fund Regulations

The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA om Tuesday met with stakeholders over the regulations guiding Midstream Host Community Development Trust Fund.

The Fund which was prescribed by the Petroleum Industry Act, 2021, to protect communities hosting oil and gas midstream facilities such as refineries, pipelines, and gas processing facilities is yet to take off due to the absence of regulations by NMDPRA.