He said this while speaking at the 2015 National Association of
Energy Correspondents (NAEC) Conference, with the theme: Energy Crises
and Sustainable Development in Nigeria: The Way Forward.
New NNPC boss, Ibe Kachikwu
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Emmanuel Ibe Kachikwu has announced that speedy implementation of the deregulation policy will promote private investment.
Dr.
Emmanuel Ibe Kachikwu (R), the new managing director of the Nigerian
National Petroleum Corp (NNPC), shakes hands with the former Group
Managing Director of NNPC, Dr. Joseph Thlama Dawha during a handover
ceremony in Abuja, Nigeria, in this August 5, 2015 handout photograph
made available to Reuters August 6, 2015. REUTERS/NNPC/Handout
He said this while speaking at the 2015 National Association of Energy Correspondents (NAEC) Conference, with the theme: Energy Crises and Sustainable Development in Nigeria: The Way Forward.
NNPC boss, Emmanuel Kachikwu
According to him, “Implementation
of the policy will entrench efficiency in product usage, product
availability and effective competition among investors hence putting an
end to product shortage. However, critical enablers such as security of
the supply and distribution infrastructure must be assured to guarantee
the availability of the petroleum products at affordable prices.”
Source : Pulse