live blogging continued – Delta State Government

Joint memorandum between Delta State government and its host communities

  • settlor and communities should appoint the trustees
  • trusts should be established within 3 months
  • 5% of gross revenue;
  • 50% of gas flaring penalties should be given to the host communities;
  • take off grant to include 20% of license fee;
  • objective should include creation of employment opportunities;
  • members of the board of trustees should serve for only 4 years;
  • secretary of the board of trustees should come from the host state;
  • allocation of a specific sum for traditional rulers and for the management of the fund;
  • surveillance contractors should be appointed in consultation with the host communities;
  • state governments should be involved in dispute resolutions;
  • legacy projects should be split into phases;

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