Buhari set to sack more workers in NNPC; re-organization, reforms underway

President Muhammadu Buhari said Tuesday in Abuja that an inter-ministerial committee would soon be established to speed up the re-organisation and reformation of the Nigerian National Petroleum Corporation (NNPC).

Speaking at the Presidential Villa during a meeting with the Chief Executive Officer of the International Finance Corporation (IFC), Jin-Yong Cai, the President said that the reform of the NNPC had become inevitable in view of the corruption and abuse of its present structure in the recent past.

An Aso Rock statement said Buhari also cited Nigeria’s current need to maximise income from every source of revenue as a further imperative for reforming the NNPC.
He said that his administration was doing everything possible to boost national revenue so that it could effectively implement its programme of change and significantly improve the living conditions of Nigerians.
Mr Jin-Yong Cai, who is also the Vice Presi¬dent of the IFC, told Buhari that with proper reformation and re-organisation, NNPC could become Africa’s largest company.
“You have brought monumental changes since you got to power. You have brought in strong leadership and Nigeria has the opportunity under you to be¬come highly reputable.
“In NNPC, you can create an entity that is dominant in Africa, and this is the right time to do it, with the momen¬tum you have created,” he told the President.