NNPC Pledge to Push for Passage of Petroleum Legislation

The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Guild of Editors (NGE) have expressed their readiness to work together to enlighten members of the 9th National Assembly on the need for the accelerated passage of oil and gas industry-related bills in order to create the right environment to attract more investments.

The accord was reached Thursday during a courtesy visit of the National Executive of the NGE led by its President, Mrs. Funke Egbemode, to the Group Managing Director of NNPC, Mallam Mele Kyari, at the NNPC Towers, Abuja.

A press statement signed by the corporation’s Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, quoted Mallam Kyari as saying that until and unless the petroleum legislation is passed, the volume of foreign investment flow into the country would not be as robust as it should be.

“The petroleum legislation has being lingering since 1999 and we are aware that the current Federal Government is committed to the passage of this very important legislation. We need the NGE’s help to get the petroleum bill passed through sufficient enlightenment of the National Assembly and all other stakeholders,” Mallam Kyari sued.

He said NNPC Management under his watch would enhance gas supply to the power and industrial sectors to boost the economy, adding that the oil and gas industry under his watch would promote the common good for all Nigerians.

Source / More : NNPC


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