FG to unveil policy on artisanal refineries as NNPC cuts costs | The Guardian Nigeria News

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NNPC GMD, Mele Kyari. Photo: TWITTER/NNPCGROUP

The Federal Government has said a policy on the operations of artisanal refineries in the country would soon be unveiled. The Senior Special Assistant to the President on Niger Delta Affairs, Senator Eta Enang, explained that the policy would guide the ownership as well as regulate the operations of artisanal refineries in the country.

“We are still working on the policy that will regulate the operations of artisanal refineries in the Niger Delta. It will soon start”, he added.

Besides, the Nigerian National Petroleum Corporation (NNPC) has also said it was embarking on cut-cutting measures aimed at delivering optimum returns on its investment beyond the COVID-19 pandemic.

Speaking in Abuja at the inauguration of Francis Olabode Johnson Foundation, the Group Managing Director of the Corporation, Mele Kyari ruled out mass sack in NNPC on account of COVID-19.

His words: “As we all know that the global oil and gas industry is going…



Source: Guardian Newspaper