The group managing director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that President Muhammadu Buhari never infringed on the operations of the Corporation.
He disclosed this in a char with the National Association of Energy Correspondents in Abuja, on Friday. He said that the corporation had the full support of the president to operate effectively for the growth of the industry. He said that migrating to the deregulation of the downstream oil sector was a huge challenge and difficult decision for the president as he understood the pain it would put ordinary Nigerian through.
According to him, the president supported the decision because the government can no longer afford subsidies with harsh economic impact of COVID-19. The GMD said that the Corporation’s new focus was on gas development as the most resilient source of energy in the energy transition process.
Whenever the managing director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that President Muhammadu Buhari never infringed on the operations of the Corporation.
He disclosed this in a chat with the National Association of Energy correspondents in Abuja, on Frida where he said that the corporation had the full support of the president to operate effectively for the growth of the industry.
Kyari said that migrating to the deregulation of the downstream oil sector was a huge challenge and difficult decision for the president as he understood the pain it would put ordinary Nigerian through.
According to him, the president supported the decision because the government can no longer afford subsidies with harsh economic impact of COVID-19.
The GMD said that the Corporation’s new focus was on gas development as the most resilient source of energy in the energy transition process.
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