Kaduna State governor, Malam Nasir el-Rufai, has declared that the Nigerian National Petroleum Company (NNPC), is the biggest Nigeria’s problem and should be
El-Rufai who spoke on Channels Television’s Sunrise Daily yesterday, on the commencement of seventh edition of Kaduna Economic and Investment Summit in Kaduna said the federal government has failed in the oil and gas business.
El-Rufai, argued that nothing has changed with the commercialisation of the Nigerian National Petroleum Company in July 2022. The governor who was commenting on the theme of this year’s KADINVEST, ‘Building a Resilient Economy’, noted that the sectors doing well in the country like entertainment, telecoms, fintech and others have no government involvement. Though, El-Rufai said the group chief executive officer of NNPC Limited, Mele Kyari is trying his best, but the company has failed and has no business being in the sector.
The governor said:“I am giving this example so that when I say government should get out of oil and gas, people should not think it is crazy; it is not. There is no reason why the Nigerian Government should still be in the oil and gas sector. It should just get out, it has failed. By every measure it has failed.“This year, NNPC has not brought N20,000 to the federation account. We are living on taxes.
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