NDPR Ltd Executes Global MOU with 5 Host Communities

Niger Delta Petroleum Resources Ltd (NDPR) successfully executed a Global Memorandum of Understanding (MOU) with 5 of its Host Communities, (Otari, Ogbele, Oshiugboko, Omaraka and Obumeze) on the 18th December 2019.

The Global MOU was executed after a period of renegotiation between NDPR and all 5 of its host communities for a duration of 3 years. The MOU is the constitution by which relations between NDPR and its host communities are governed, helping to align and clarify expectations between both parties. 

To mark the execution of the MOU, a ceremony was held in Rivers State and attended by members of the Board of Trustees (BOT), the Host Community Development and Environment Trust, represented by Chief Enyinda Chukwu. Also present was the representative of His Majesty, the Oda of Abua, the Permanent Secretary, Ministry of Chieftaincy Affairs, the Director, Ministry of Chieftaincy Affairs and Members of the Host Communities Advisory Committees for each of the Host Communities.

NDPR Host Community Engagement Model

NDEP’s unique approach in executing development projects is that the host communities, through their Community Advisory Committees take the lead by nominating, planning and executing projects by themselves, with the collaboration of NDEP Plc and through funding by the Host Community Development Trust. NDEP Plc voluntarily donates 5% of annual net profits to fund the Trust, ensuring that the interests of the Host Communities and the Company are aligned. Dr ‘Layi Fatona, MD, NDPR commented ‘We continue to see our host communities as an integral part of the ND Group success story. The execution of the Global MOU between us and 5 host communities provides the foundation for many more years of cordial relations and uninterrupted production. Thank you to all who made it possible.’

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