NNPCL needs huge investment to meet demand – Dangote

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He said the national oil firm should invest more because there were many off-takers waiting to off-take the products from the company.

“But then, on the way we had lots of hitches here and there, the devaluation of the currency, COVID, and challenges of infrastructure set in. If you want to do a real project in Nigeria, you have to look at the infrastructure that we have, because the infrastructure we have is not meant for mega projects.”

Also speaking at the event, the Chairman, Heirs Holding, Tony Elumelu, said efforts made by NNPCL in restoring Nigeria’s oil production impacted positively on the output of Heirs Oil and Gas.

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