Experts challenge Akwa Ibom HCDTs to diversify funding beyond oil money
Nigeria, Aug. 19 -- Host Community Development Trusts (HCDTs) in Akwa Ibom State have been urged to move beyond reliance on statutory contributions from oil companies and develop stronger systems for attracting grants, partnerships and other legitimate sources of funding.
The call was made on 13 August at a capacity-strengthening session for HCDT leaders in Akwa Ibom, organised by Policy Alert in partnership with BudgIT Foundation.
A presentation themed "Beyond Statutory Funding: Positioning HCDTs for Grants and Partnerships" focused on strengthening the capacity of HCDTs to mobilise resources, improve governance and transparency, and demonstrate measurable development outcomes in their host communities.
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