Okechukwu Nnodim, Abuja
The Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, has asked the new board of one of the downstream subsidiary firms, the Nigerian Pipeline Storage Company, to enter into partnerships with the private sector to build more pipelines parallel to the corporation’s existing ones.
Baru gave the charge while inaugurating the new board of the company at the NNPC headquarters in Abuja on Wednesday, noting that such partnerships would enhance the NPSC’s profitability.
The NNPC boss was quoted in a statement issued by the corporation’s spokesperson, Ndu Ughamadu, as saying, “Your work also is to look at refurbishing these pipelines and storage along a public private partnership arrangement by getting willing private companies to invest in these pipelines. The NNPC management is very much disposed to supporting your efforts in…
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