Wednesday, August 12, 2015

NNPC to become sole importer of fuel ”Presidency"


CBN Governor Godwin Emefiele

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, said the government was doing everything to ensure that the Nigerian National Petroleum Corporation (NNPC) become sole importer of petroleum products.
The CBN Chief  said: “The President came on board and said that we will work very hard to reduce importation of petroleum products by ensuring that our refineries work. Our refin¬eries are working now.

“The Warri and Port Harcourt refineries have started producing. They have not obtained the optimal capacity but they will. The Kaduna refinery will start working this month.
“Now, there are other actions that the Presidency is putting in place to ensure that we reduce importation of petroleum products where the NNPC will solely, almost solely be responsible for procuring refined petroleum.
 ”Those who are importing petroleum products will only just need to go to the NNPC and pick up petroleum products.
“So, in that area, I would say that we are already moving in the direction of reducing the import of pe¬troleum products. And we will achieve it.”


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