Saturday, 9 Aug 2025
Subscribe
TrackNews Logo
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
  • 🔥
  • News
  • Politics
  • National
  • Sports
  • Crime
  • Entertainment
  • Business
  • Breaking News
  • Gist
  • Health
Font ResizerAa
Track NewsTrack News
Search
Follow US
©2025 Track News Media. All Rights Reserved. | Website Designed By AfeesHost
Home » Blog » FG should have no stake in oil, gas sector, full privatisation is key – El Rufai
News

FG should have no stake in oil, gas sector, full privatisation is key – El Rufai

Last updated: October 13, 2022 2:10 pm
Track News
Share
SHARE
By Adeleye Kunle

Despite President Muhammadu Buhari recently scoring his administration high on development indices ranging from security, energy and infrastructures recently, the Kaduna State Governor Nasir El-Rufai has blamed the lapses still bedevilling the oil and gas sector on the Federal Government.

El Rufai claimed the lessons drawn from the telecommunications sector have shown that total or full deregulation of the oil and gas sector was the only way out of the problems the sector is frost with.

The governor who appeared on Thursday aired his opinion on the occasion of the seventh edition of KadInvest.

The former Minister of the Federal Capital Territory said nothing significant has changed with the commercialisation of the Nigerian National Petroleum Company in July 2022, insisting that NNPC constitutes Nigeria’s biggest problem and should be privatised.

He argued that though the Group Chief Executive Officer of NNPC Limited, Mele Kyari may be trying to make an impact, the company has failed and has no business being in the sector.

He went down memory lane, citing an example of the Nigerian Telecommunications Limited which he said was at its lowest ebb until the private sector came in and revolutionized the telecoms business

TAGGED:FG should have no stake in oilfull privatisation is key – El Rufaigas sector
Share This Article
Email Copy Link Print
Previous Article Igbos Are Not Like Those Killing My People – Ortom
Next Article PDP crisis: Governor Wike vows to resist northern dominance
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

Melaye defeats Smart Adeyemi in Mopa-Moro

By
Track News

Atiku Wins Donald Duke, Kingsley Moghalu’s Polling Units

By
Track News

Why PVCs alone won’t win 2023 elections – Chidi Odinkalu

By
Track News

Flooding: Food prices in Kaduna markets skyrocket

By
Track News
Track News
Facebook Twitter Youtube Instagram

About US

Track News is a leading news site with a primary focus on Nigeria and world news in general. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
Usefull Links

© Track News Media. All Rights Reserved. | Website Designed By AfeesHost

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?