NUPRC Registers 103 Host Communities That Will Benefit From 3% Development Fund— Komolafe

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has registered 103 communities that will benefit from the three per cent Host Communities Development Trust (HCDT) established by the Petroleum Industry Act.

The NUPRC Chief Executive, Gbanga Komolafe said the HCDT has already started to restore the confidence of investors in the industry.