Kachikwu Urges Depoliticization of NNPC to Boost Oil Sector Confidence
Former Minister of State for Petroleum, Ibe Kachikwu, emphasized the need to insulate key oil sector entities like NNPC, NUPRC, and NMDPRA from political interference to restore confidence in the industry. Kachikwu highlighted the importance of deploying technology to enhance crude production efficiency, address inflated project costs, and streamline regulatory functions.
He stressed the necessity of nonpartisan leadership in regulatory agencies for effective governance. The call for depoliticization comes amidst challenges facing the Nigerian oil sector, requiring a clear vision and disciplined execution for sustainable growth and development.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Kachikwu Explains Nigeria's Oil Output Decline, Calls for PIA Implementation
EGA Applauds NUPRC for Boosting Oil Sector Confidence
NUPRC Chief Reveals $18bn Investments in Nigerian Oil & Gas Sector
Stakeholders Brainstorm on Nigeria’s Downstream Oil Sector, Seek Fair Competition
Ex-Minister Kachikwu to Speak at NCDMB Business Mentorship Lecture Series
Kachikwu Slams Coalition Leaders for Destroying Nigeria in TV Interview
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
