Nigerian National Petroleum Corporation has said that President Mohammadu Buhari will not cancel the Niger Delta Amnesty Programme.
The Head of Nigeria’s delegation to the 167th meeting of the Organisation of the Petroleum Exporting Countries, Dr. Jamila Shu’ara made this revelation while speaking in Vienna, Australia at the ongoing OPEC International Seminar.
A statement by the NNPC quoted Shu’ara as saying, “I am here to covey to all heads of delegation of OPEC member countries, and indeed representatives of other countries, President Muhammadu Buhari’s gratitude, that of the government and the people of the Federal Republic of Nigeria to member countries of our organisation, and indeed, the international community, for the keen interest shown and, in some cases, the support given to Nigeria towards the implementation of what has become a very successful political transition programme.
“Nigeria is committed to tackling corruption, especially in the extractive industry, and will strive to bring back transparency and accountability in public life, especially in the petroleum industry, which is the mainstay of the national economy.
“I would like to assure industry players that government will work assiduously to ensure the speedy passage of the bill and even speedier implementation of the related programmes.
“We are committed to investing in the whole petroleum value chain in order to add more value to our national economy from our natural resources and reduce our overdependence on exported crude oil revenue.
“I am to assure the OPEC heads of delegation of a new dawn in Nigeria and the capacities of a new President, who understands and appreciates the prospects and challenges of our organisation like no other former Nigerian head of state, having been a minister of petroleum resources before.”
The Group Managing Director, NNPC, Dr. Joseph Dawha added that “New technology and climate change would most likely once again dramatically change the landscape of future oil supply by rapidly increasing supply sources and applying significantly downward pressure on oil prices.
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