NUPRC Commits To Monitoring Host Community Devt Trust

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has expressed commitment to ensuring effective information on Industry Digital Automated Portal (IDAP) to monitor and report the Host Community Development Trust (HCDT).
Acting Director, Environment, Community and Sustainability, NUPRC, Mrs Ejiro Ufondu, disclosed this at a Stakeholders Engagement with settlors on the Deployment of Host Comply Technological Solutions, in Abuja, Thursday.
Ufondu said the platform was developed for transparent administration of the host communities as provided by the Petroleum Industry Act (PIA).
According to her, the IDAP was developed in partnership with an Original Equipment Manufacturer (OEM) stating that it would meet specific requirements of the HCDT.
The platform would fulfill obligations to host communities, promote accountability and transparency in the HCDT programme management.
It would also enable quick feedback from the stakeholders and the public for the commission to carry out its regulatory oversight effectively.
Ufondu further said the essence of the meeting was to give further detailed information to the stakeholders on how the portal works.
The commission, she said, informed the stakeholders and host community about digital solutions for managing the HCDT.
“We also have people represented here for the setting up and for the administration of the trust.
“We got a letter from Oil Producers Trade Section (OPTS), asking for more clarifications and more details about the platform.
“We had written a circular to the industry following that arrangement and OPTS responded with a letter that they needed more information and wanted to understand the portal and how it works.
“So, that is why we are having this meeting, to give further details on how the portal works.
“We are going to be making a presentation to you; we are available to answer questions that may arise from the presentations”, she said.