Mele Kyari, Managing Director of the Nigerian National Petroleum Corporation (NNPC) Limited, has said that Nigeria would begin exporting petroleum products to other countries from 2024.
Kyari stated this at the opening of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) Energy and Labour Summit 2023 with the theme “Petroleum Downstream Deregulation and Gas Utilisatio, Monday in Abuja.
He said: “The market is adjusting itself. Market adjustment is what we are seeing today and it is very good for our country, so that the market forces take control. Palliatives are being made available, many things are going on. For our country, we must be a net exporter of petroleum in 2024.
“First of all, we have to focus on gas as transportation fuel. This is practical, a lot of things are going on, the government is putting money into it, NNPC is investing in partnerships and we believe that in 2024 that revolution will be very manifest.