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    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

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    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

    A Secret Society, Ritualistic Killings, and a Century-Old Curse Netflix and YRF Entertainment’s ‘Mandala Murders’ Premieres July 25 – About Netflix

    A Secret Society, Ritualistic Killings, and a Century-Old Curse: Dive into the Chilling World of ‘Mandala Murders’ Premiering July 25

    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

    Susquehanna Raises Price Target for Penn Entertainment Inc. (PENN)

    George Lopez is coming to Spokane – KXLY.com

    George Lopez is coming to Spokane – KXLY.com

    Netflix unveils Dallas immersive venue for fans of hit shows like ‘Squid Game,’ ‘Stranger Things’ – Houston Chronicle

    Step Inside Netflix’s New Dallas Immersive Experience Featuring Hits Like ‘Squid Game’ and ‘Stranger Things

    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

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    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    New center coming to Mizzou will focus on energy research and technology – Columbia Missourian

    Mizzou Launches Innovative New Center Dedicated to Energy Research and Technology

    Mirrors in space and underwater curtains: can technology buy us enough time to save the Arctic ice caps? – The Guardian

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    Naples restaurant owner prepares for hurricane season with new flood technology – Fox4Now.com

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    Emerging Memory and Storage Technology Market Analysis Report 2025-2034 | AI and HPC Boom Fuels Surging Demand for Fast, Low-Power Memory Devices – Yahoo Finance

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BREAKING: FG approves 19 managers for Host Communities’ Fund

July 23, 2023
in Business
BREAKING: FG approves 19 managers for Host Communities’ Fund
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The Federal Government, through the Nigerian Upstream and Downstream Petroleum Regulatory Commission, NUPRC, has approved 19 fund managers to manage the finances provided by oil and gas companies for their various Host Communities’ Development Trust….CONTINUE READING

The Assistant Director, Host Communities Department, NUPRC, Olatokunbo Karimu, disclosed this in Abuja, on Friday, at a stakeholders’ engagement on the deployment Host Comply Technology Solution developed by the commission.

According to him, “The fund managers are very important because this a long term sustainability programme for the host communities after the cessation of oil and gas operations. So we have received a total of 37 applications from the fund managers, and those fully approved to play in the arena are 19.

“They are on our website, where you (oil companies) can get the fully approved fund managers, so that you can advise your management committees or your board of trustees to select from this list. More fund managers are going to be approved”, he said.

Karimu added that chapter three of the Petroleum Industry Act 2021 was fully dedicated to host communities’ development, adding that the regulation of the NUPRC on this came out in June 2022, and was being operationalised gradually.

He said the funds for host communities’ development would come from three per cent of operational expenditures of oil companies, donations, gifts, grants, among others….CONTINUE READING

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Reportgist – https://reportgist.com/2023/07/22/breaking-fg-approves-19-managers-for-host-communities-fund/

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