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NNPC to implement deregulation policy

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                       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
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.

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.

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.”
NNPC to implement deregulation policy NNPC to implement deregulation policy Reviewed by Vita Ioanes on Friday, August 21, 2015 Rating: 5

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