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Buhari Inaugurates Boards Of Three Parastatals In Petroleum Ministry

The President, Muhammadu Buhari has inaugurated the boards of three parastatals in the Ministry of Petroleum. The President charged the members to ensure transparency and … Continue reading Buhari Inaugurates Boards Of Three Parastatals In Petroleum Ministry


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Muhammadu Buhari, Nigeria, Benin RepublicThe President, Muhammadu Buhari has inaugurated the boards of three parastatals in the Ministry of Petroleum.

The President charged the members to ensure transparency and integrity in the management of resources from oil and gas, the major revenue earners in the country.

The boards include the Nigerian National Petroleum Corporation, (NNPC) the Nigerian Content Development and Management Board and the Nigerian Nuclear Regulatory Authority.

He asked them to advise the Minister of Petroleum Resources on the most effective way for Nigeria to get value for money or assets, calling on them to ensure that the NNPC charts a better way to face the economic challenges in the sector.

He said they should explore more innovative ways to handle the joint venture funding, constraints in the sector