A’ Ibom Government to revise MoU with IOCs  to address challenges of host communities,

Akwa Ibom State Government has said it will seek a revised Memorandum of Understanding with international oil companies and oil services firms to effectively address the needs and challenges of host communities.

Commissioner for Environment and Petroleum Resources, Ekong Sampson disclosed this at this year’s first quarter meeting with IOCs and oil services companies operating in the state in Uyo.

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He explained that the present situation in the country made it necessary to have a standardized MoU which content should address all issues of equity for all.

He decried a situation where IOCs and oil services companies only deal with host communities without the involvement of state government, stressing that it is totally unacceptable.

The commissioner pointed out that there was the need to look at gaps that had strained relations between the oil companies and service firms on one hand, and host communities on the other, in order to close such gaps.


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