But, the midstream sector creates not only the vital linkages but also the jobs for our teeming unemployed population.
There is no better way of diversifying the country’s economy than through a well-developed oil and gas industry, particularly with the huge gas resources in Nigeria. The problem has been that gas utilization has been at its lowest level in Nigeria. Indeed, Nigeria has the lowest gas penetration in Africa, despite being one of the destinations in the world with the largest reserves of natural gas.
We are also considering the use of gas as automobile fuel, to provide alternative to the premium motor spirit , popularly called petrol, which has now been deregulated, thereby pushing its price almost beyond the reach of most consumers. We are now going to encourage Nigerians to convert their cars to use gas as a cheaper and more reliable fuel alternative.
PT: But, why is it so difficult for Nigerians to have the framework for computing fuel prices under the current deregulation policy?No, No! That framework is already published on the PPPRA website. But, there are some elements of the framework that are not constant. Like the feedstock, or the cost of the product, which is determined by the prevailing cost of crude oil at the international oil market. That cost of crude oil is never constant.
Remember, previous administration tried on several occasions to do it, but could not succeed. Each time they tried, it would end with Labour protest and the economy would be grounded. But, we have done it, and everyone has come to appreciate that it’s the way to go. That is why Labour is not protesting. We sat down with them and reasoned together that we cannot continue to spend trillions of Naira every year on fuel subsidy.
The worst part of this country is in all region, you will still find selfish minded people praising this government where notable something cannot be seen, all are audio achievement and impossible promises!
NNPCgroup MKKyari Pls release the list of successful Experienced Hire applicants for the 2019 recruitment exercise. NNPC2019EHCLOSURE
NNPCgroup We totally agree. The recruitment exercise of 2019 would have been the icing on the cake to average Nigerian on the street. It should be concluded speedily. Let the youths bring in great ideas! NNPC2019EHCLOSURE
Please can you outline those achievement? Thanks
We are witnessing the achievements. It is so significant that every Nigerian is happy what is happening in the oil sector, Ewu.
I don't understand!!!
Getaway here!
By appointing you Minister
NNPCgroup This we have heard clearly
Sharraap!!!!
NNPCgroup Really, for constantly hiking fuel price at a whim. Retrogressive.
FMPRng No be lie. He try may God bless his commitment.
Story tellers and jokers on seat
Story story. We cannot even mine our oil without foreigners helping us then you are saying the Govt has tried. Your accessment is wrong.
U are right because it's now 170 per litre so it's a great achievement.. ogun will kill u all in aso ruck and ur family
This stupid man can not die well.
You will not die in peace ✌🏻 awon Oloriburuku gbogbo
Fol0w me&ama folow bck imidi8ly m onlin. D Country is Scary rite nw.Frm bulying protesters,Freezing of bank acnts,opresion &Intimidation of citizens. Dz is nt d Nigeria we wnt! D goal is 2hv a safer,beta &gr8ta Nation dt we all cn b proud to call Home. It is nt 2much! EndSARS
Like N170 per litre of petrol, unable to refine enough crude locally to provide some relief, focusing stubbornly on oil and refusing to face reality that oil is not the future. Still benchmarking our budget on oil, failed to clean up the Niger Delta
We kno u don't need to tell us, from 97 to 170 per litter of PMS Its geometrically tremendous mark
bogus hokus pokus yada yada
Honorable minister, how, where, when, serve your people not the government, cause it is service to the people not to the government.
Which are?
Obviously. The price has almost tripled under him.
Examples ?
Significant backwardness
🤦🏾♂️🤦🏾♂️
You are insane
Like what? Killing youths?
What achievement? when none of the refineries is functional. Animal talk!
God will punish all these liars o.
How?
I'm ashamed of you HETimipreSylva come to where you grow up in ajegunle see what is happening there saying MBuhari government as achieved thunder strike all of ona there in aso rock
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By promising Nigerians pms 40 when it was just 74 and end up giving it to us 170. Ah.!!! What a backward achievement....
Mhed o!
Another foolish minister
Despite of the soaring price of fuel and still not able to fix just a refinery to be standard. Abi ori eyi people yi buru ni?
Is a lie...
Ask him to explain thoroughly about this statement, he won't be able. It's very difficult to defend Buhari's administration no matter how hard you try.
Shey u dey whyne me ni?
Yes with highest fire outbreak, killing and property destruction due to burst and spillage 🖕
Seriously