5 January 2016

PRESIDENT BUHARI VOWS TO FAST NNPC REORGANISATION

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President Muhamadu Buha
In Nigeria President Muhammadu Buhari is set to esthablish an inter-ministerialcommittee that will be saddled with the responsibility of fast-tracking the re-organisation and reformation of the Nigerian National Petroleum Corporation NNPC.

President Buhari made this known in a statement by his Special Adviser on Media and Publicity, Femi Adesina.

Buhari who spoke while granting audience to the Chief Executive Officer of the International Finance Corporation, IFC, Jin-Yong Cai, at the Presidential Villa, Abuja said that the reformation of the NNPC had become inevitable in view of the corruption and abuse of its present structure in the recent past.

He also cited Nigeria’s current need to maximise income from every source of revenue as a further imperative for reforming the NNPC.

According to Buhari in the statement, his administration was doing everything possible to boost national revenue so that it can effectively implement its programme of change and significantly improve the living conditions of Nigerians.


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