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DAILY BUSINESS NEWS BRIEF – We’ll stop fuel importation, begin export by 2019 – Baru



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We’ll stop fuel importation, begin export by 2019 – Baru
By the year 2019, Nigeria is not only aiming to end fuel importation but to becoming a net exporter of the product, the Group Managing Director of the Nigerian Petroleum Corporation (NNPC), Dr Maikanti K. Baru, has said.He said: “Our goal to become a net exporter of refined products by year 2019 is on course. There are ongoing discussions to revamp all the four (4) existing local refineries utilizing private capital in the form of a contractor financing model.The country, he further said, has provided stable environment and is changing its policy directions to guarantee safety of investments adding that a lot of investors have already taken advantage of that. Read More…]

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