Tag
NNPC
There are many opportunities to realize enormous revenue and Jobs from the services sector otherwise known as the soft economy.
The Minister has clarified that the new PIB seeks to commercialize the NNPC rather than scrap it.
The President has recommended the scrapping of the NNPC and PPPRA in the new PIB submitted to the National Assembly.
The NNPC has mandated local oil companies to improve capacity to so as to reduce oil production cost.
NNPC and SEEPCO have signed a gas development and commercialization deal.
The swap deal with these companies supplies a huge portion of Nigeria’s petroleum products.
NNPC will activate Compressed Natural Gas refill stations for motorists to access.
FG would resort to holding minority shares after giving up the refineries to investors.
DPR announced that the importation of petroleum products would reverse when the new refineries resume.
Kyari also disclosed that NNPC is also investing in domestic gas utilization projects.
The report indicated that petroleum receipts for the month reflected crude oil earnings of $230.65 million
The Minister announced approval for a partnership deal for the establishment of a petroleum depot by the NNPC.