…Says NNPC is Nigeria’s biggest problem
Kaduna State Governor, Nasir Ahmed el-Rufa’i, has said the Federal Government should not have anything to do with the oil and gas business and should quit the sector immediately.
The governor took this position while speaking on a television programme yesterday, on the occasion of the seventh edition of KadInvest, an annual event organised by the Kaduna State Investment Promotion Agency.
El-Rufa’i, while speaking on the theme for this year’s event: ‘Building a Resilient Economy’, asserted that the Government fumbled in the sector, said Nigeria was living on taxes, royalties and income taxes.
He said the Government is not a good manager of resources and that whatever the government manages turns out bad, noting that the sectors doing well in the country like entertainment, telecoms, Fintech and others were free from government interference.
According to him, nothing has changed with the commercialisation of the Nigerian National Petroleum Corporation in July 2022, adding that NNPC is Nigeria’s biggest problem and should be privatised.
The governor also said though the Group Chief Executive Officer of NNPC Limited, Mele Kyari, is trying his best, the company has failed and has no business being in the sector.
He further argued that the Federal Government should get out of the power sector and privatise it for the country to overcome the hydra-headed and decades-long challenges of the sector.
