- Oriental Energy has urged the Effiat and Mbo Host Communities’ Development Trust to strictly implement its NUPRC-approved Community Development Plan.
- The company also stressed adherence to the Trust’s constitution, operating manual, and code of conduct to ensure effective project delivery.
Oriental Energy Resources Limited has urged the Effiat and Mbo Host Communities’ Development Trust to strictly follow the Community Development Plan approved by the Nigerian Upstream Petroleum Regulatory Commission.
The company also asked the Trust to comply with its constitution, operating manual and code of conduct.
Meanwhile, the Managing Director of Oriental Energy Resources Limited, Mustapha Indimi, gave the directive during the Trust’s first Annual General Meeting in Uyo on Thursday, January 29. He addressed members of the Board of Trustees, Management and Advisory Committees, traditional rulers and community leaders.
Oriental Energy established the Trust under the Petroleum Industry Act 2021 to drive development in its host communities. The Trust operates through a three-tier structure that includes a Board of Trustees, a Management Committee and an Advisory Committee.
Indimi, represented by the Head of Community and Government Relations, Uwem Ete, said the company secured approval for a revised five-year Community Development Plan in December 2025. He urged the Trust to begin implementing the approved projects in line with the 2022 regulations.
Furthermore, he said the company will work closely with the Trust to design and apply a joint monitoring and evaluation system. He added that the system will track project delivery and improve the management of inputs, outputs and outcomes.
Indimi said Oriental Energy has continued to meet its statutory obligations to the Trust. He also confirmed that the company has paid all required financial contributions covering the 2021 to 2024 period. He added that the 2025 contribution is currently under processing.
The Chairman of the Board of Trustees, Inam Okon, praised Oriental Energy for complying with the Petroleum Industry Act. He also acknowledged the guidance provided by the Nigerian Upstream Petroleum Regulatory Commission.
In addition, Okon said the Trust has recorded several milestones since May 2024. He listed the inauguration of the Trust, the formation of its committees and the acquisition of office space as key achievements.
The Paramount Ruler of Mbo Local Government Area, Owong Okon Abang, commended the collaboration between the Trust and Oriental Energy. He said the partnership has delivered visible development in the host communities.