Buhari To Setup Committee To Fast-track NNPC Reforms
An inter-ministerial committee will soon be inaugurated to speed up the planned restructuring of the Nigerian National Petroleum Corporation (NNPC).. President Muhammadu Buhari said this during a chat with the Vice President of the International Finance Corporation (IFC), Jin-Yong Cai, at the Presidential Villa in Abuja on Tuesday.
Reiterating his administration’s determination to boost Nigeria’s revenue, President Buhari said that the level of corruption in the current structure of the NNPC would be a limiting factor if not addressed.
Mr Jin-Yong Cai, expressed confidence in President Buhari’s approach at improving the Nigerian economy.
According to the President’s Spokesman, Mr Femi Adesina, the IFC Vice President projected that with Buhari’s reforms, the NNPC could become Africa’s largest company.
“You have brought monumental changes since you got to power. You have brought in strong leadership and Nigeria has the opportunity under you to become highly reputable.
“In NNPC, you can create an entity that is dominant in Africa, and this is the right time to do it, with the momentum you have created,” he was quoted to have told the Nigerian President.
Tuesday, January 5, 2016
Buhari To Setup Committee To Fast-track NNPC Reforms
About BCR
BCR 360YOUTH BLOG is a purpose driven information centre which later metamorphosed into a blog dedicated in bringing the day to day activities of youths around the eastern and central Niger Delta affairs.A youth blog that focuses on Niger Delta Region,Akwa Ibom, Rivers State, Bayelsa State,Cross Rivers State, Imo State and Abia State.