Lands and Physical Planning Minister, Benny Allen, says the current PNG Land Act of 1996 is old and needs to be reviewed and amended. Various aspects of proposed amendments were highlighted through public consultations in a recent series of forums held in Port Moresby, Mt Hagen, Lae and Kokopo respectively.
The forums held follows a huge backlog of land issues over exploitation of resources involving developers in recent years.
One of the aspects of the law discussed in the forums was the Special Agriculture Business Lease (SABL) which has received condemnation from many landowners all across Papua New Guinea.
Minister Allen revealed that the government is embarking on plans to amend the Land Act so that it favours Papua New Guineans, so that they become active participants on their own land rather than spectators.
And to the oil and gas sector, the Kumul Petroleum Holdings Limited recently marked a milestone with the state owned oil and gas company holding its first Annual General Meeting (AGM) since its name change from the National Petroleum Company PNG.
Resource PNG was present at the event.
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