SENATE BACKS MINISTER ON NNPC RESTRUCTURING

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The Senate Thursday threw its weight behind the Minister of Petroleum Resources, (State) Dr. Ibe Kachikwu’s decision to restructure the Nigeria National Petroleum Corporation (NNPC). Senators said that they are satisfied with the measures taken by the minister to restructure the corporation especially when no law was breached in the process of carrying out the restructuring.

The Lawmakers however scolded Kachikwu for his failure to consult the National Assembly before carrying out the controversial exercise. Three standing committees of the Senate grilled Kachikwu on the motive behind the restructuring of the NNPC.

Senator Tayo Alasoadura, Chairman Senate Committee on Petroleum (Upstream) and Vice Chairman, Senate Committee on Petroleum (Downstream), Senator Jibrin Barau and Chairman, Senate Committee on Gas, Senator Bassey Albert Akpan, conducted the session which later moved into a closed session.

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