Browsing: Senator Tayo Alasoadura

“We have streamlined and sharpened the role of the Minister. We have also enhanced the extensive reform of NNPC into two limited liability companies- the National Petroleum Company and Nigeria Petroleum Assets Management Company to ensure efficient and effective commercial performance. In carrying out our assignment we have ensured that the major lapses associated with prior institutional frameworks have been remedied.”

The PIGB seeks to establish a framework for the creation of commercially-oriented and profit-driven petroleum entities that ensure value addition and internationalisation of the petroleum industry, promote transparency in the administration of the petroleum resources of Nigeria; and create a conducive business environment for petroleum industry operations.