NEC committee to liaise with stakeholders on new NNPC status

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The National Economic Council (NEC) has resolved to set up a sub-committee that will liaise with the appropriate officials on the new status of the Nigerian National Petroleum Company (NNPC) Limited.

Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, briefed State House correspondents after a virtual NEC meeting on Thursday.

The virtual meeting, anchored from the Presidential Villa, Abuja, was chaired by Vice President Yemi Osinbajo.

“The governors at today’s council meeting also raised a few issues regarding the new status of the NNPC Limited, including issues around ownership. On the direction of the vice president, the council resolved to set up a sub-committee of council that will liaise with the appropriate Federal Government officials to look at all the issues that have arisen as implications of the new status of the NNPC Limited and also issues around the Petroleum Industry Act.”

In the same vein, Gov. Abdullahi Sule of Nasarawa, also virtually briefed State House correspondents.

Sule said that the managing director of the Nigerian Sovereign Investment Authority (NSIA) updated NEC on various activities of the company, especially on the 2021 performance.

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