Connect with us

Business

Nigeria Will Export Petrol In Two Years – NNPC Boss

Published

on

Nigeria Will Export Petrol In Two Years - NNPC

NNPC Boss – Kyari

The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians on Tuesday that refined petroleum products would be sold globally in the next two years.

At the moment, Nigeria imports refined petroleum products – gasoline, kerosene, diesel, and other related products, awarding the NNPC as the only country’s importer for more than three consecutive years.

In a recent development, the Vice President of Nigeria, Professor Yemi Osinbanjo has announced on Tuesday that the presidency would accord timely consideration to the Petroleum Industry Bill that was newly passed by the National Assembly.

Osinbajo and Kyari spoke during an oil and gas event in Abuja. The vice president assured stakeholders that PIB would receive necessary attention as required.

Speaking through the Minister of State for Petroleum Resources, Chief Timipre Syslva, Osinbajo said, “As you aware, just last week the National Assembly passed the long awaited PIB.

“This unprecedented feat has been adjudged as a watershed moment for our nation. Let me assure you that the bill when transmitted to the presidency for assent will receive necessary and timely consideration”.

On the bid to export refined petroleum as planned, Kyari said NNPC had developed initiatives around refinery rehabilitation.

2 Comments

2 Comments

  1. Pingback: TWO Ministries Bow Out of National Power Grid, Settle For Solar - Earth News

  2. Pingback: Fuel Subsidy To End After President Signs PIB - Minister - Earth News

Leave a Reply

Trending