The Nigerian National Petroleum Corporation has reaffirmed its intention to repair all damaged oil pipelines attacked by the Niger Delta Avengers while outlining a 12-point plan to create an all-inclusive internal advisory console of security.
Newly appointed General Managing Director, Maikantu Baru who replaced
Minister of State for Petroleum Resources, Ibe Kachikwu as GMD rolled
out the 12-point programme for the NNPC to reform it along with the
Nigerian petroleum industry.
Baru stated that effort would be made to reduce the contracting cycle
in the oil and gas industry, find a workable model that would address
the Niger Delta challenges and undertake an overhaul of the regulatory
mechanism in the industry.
News24 Nigeria
reported that President Muhammadu Buhari removed Ibe Kachikwu as group
managing director of the NNPC while allowing him to remain as the
Minister of State for Petroleum Resources.
Buhari also approved
the composition of the Board of the NNPC, as provided for under Section
1(2) of the Nigerian National Petroleum Corporation Act of 1997, as
amended.
The NNPC stated that it plans to introduce a number of initiatives
that would help develop communities around the country, improve the
living conditions of Nigerians and better prepare the youth in building
for their future.