This was even as the newly appointed GMD, Baru, rolled out a 12-point programme for the NNPC, which included addressing and defraying the cash calls arrears owed International Oil Companies, IOC, by the NNPC and also ensuring that the Federal Government is relieved of the burden of cash calls obligations.
Speaking during the handover in Abuja, Kachikwu promised to partner and support the new GMD, in undertaking a wholistic reform of the NNPC and the Nigerian petroleum industry and also in bridging the infrastructure deficit in the industry.
Kachikwu said over the last 11 months when he held sway at the NNPC, a number of milestones were attained, while he expressed optimism that the new GMD would surpass his achievements and take the corporation to new heights.
Some of the achievements, according to Kachikwu, included the restructuring of the NNPC, the deregulation of the downstream sector of the petroleum industry, revamping of the countries refineries and bringing the NNPC to profitability among others. Click to signup for FREE news updates, latest information and hottest gists everyday
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Mr. Kachuckwu. You did so much that we now seems not to remember how chaotic & decayed nnpc was. You took the most heat, made a pathway. Thank you. You won't be forgotten!
ReplyDeleteDr. Kachukwu not Mr. Kachukwu
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