- Group Managing Director of the Nigerian National Petroleum Corporation, Mr. Ibe Kachikwu, Tuesday, stated that the NNPC should not be blamed for all the problems in the petroleum industry, declaring, instead that the cause of the industry’s woes had been the lack of political will.
“The reform of the petroleum industry is key and it is an area where we are going to put a lot of focus. Transparency is key. Restructuring is key. Sometimes people do not realise that the problem has not been NNPC, it is a problem of political will to go forward and implement the outcome of researches and reports that had been done.
“Fortunately for us this time around, that is what the President has brought to the table.
He has strong political will to see this through,”
- Kachikwu stated, at the ongoing 55th Annual General Conference of the Nigerian Bar Association in Abuja.
- Kachikwu who chaired a special session at the conference called for extensive engagements with all stakeholders to iron out all grey areas in the Petroleum Industry Bill, PIB, which has been pending before the National Assembly in the last seven years.
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