FarahAideed:
Buhari clearly wants to sell the NNPC to his cronies

Every government since Babangida has been trying to sell off that monstrosity called NNPC but none had the guts to do it till now. Now that carbon fuel is going out of fashion its pricing will be lower than it could have been. They can sell it to whosoever they like so long as they pay top dollar for it. The wealth still lies with whoever is the ultimate owner of the minerals under the ground and the licensing.

Laboni:
How is he selling it to his cronies? ... The new NNPCL will still be owned 100% by the government.

Use ur brain ...If it will will be owned by the govt 100 percent then why open a new company

tamdun:

Same southern sinators that passed water resources bill? Those ones are fools,

Submit bills to end importation of refined crude oil and building of our own refineries. Send a bill to stop govt officials from travelling abroad for medical treatment and create a bill to revamp our health sector through monies gotten from fuel and electricity increment.

I'm seeing very ignorant comments here. It's really sad where can one even start educating from sef. But know one thing PMB is a man with guts. Good one Mr President.

IN all you do ,beware of these bunch of sophisticated hypocrites occupying the western corridor of lagos,ogun,oyo,kwara,kogi. they called Atiku names for proposing to sell nnpc since the firm is redundant ,now their messiah has scrapped nnpc. watch as they will come here to support him with big big ohgbomoso grammer. tufiakwa!....bunch of shameless ,iritating disgusting hypocrites parading as omoluabis. tufiakwa!. she won fi se yin ni?

TheManhattan:
I'm seeing very ignorant comments here. It's really sad where can one even start educating from sef. But know one thing PMB is a man with guts. Good one Mr President.

shut up you disgusting munafik, where you not among those that called Atiku names for proposing to scrap nnpc?. your hypocrisy stinks

There’s no need for all this if the so called people in position of authority truly have people At the back of there mind... while, doing all this, they will definitely create a loophole to benefit themselves...hopeless process all together...

Is this not the same NNPC and PPPRA that atiku said he will scrap that people are insulting and raining curses on him This nation or country is gone, the same Buhari accuse Jonathan that subsidy is a fraud he also got there didnt do anything about it, they accuse Atiku call him. Names because he said he will scrap NNPC now Buhari is scrapping it and nobody is talking God punish our current leaders from A-Z

Rutherford2019:
My guy just got job in nnpc
I don't want anything to happen to his job
The suffering is too much

God will help your guy, I just went to punch news to verify all the claims. God go help your guy.

[quote author=Racoon post=94398967]Nigeria is still going in circles.Scrap NNPC & form a new NNPC again under government control? Deregulate the petroleum downstream sector & allow the market forces to determine the price of petroleum products.[

Allow what market forces?
U want our prices be Controlled by Bourgeoisies abi?
Ure a stupid Capitalist

FarahAideed:


Exactly

.Those zombies will accept it now,but rejected from another person.

Implementation is the issue. Till date, the CAMA 2020 is yet to be implemented by CAC.

What is required in all this is truth, integrity, honesty, transparency, empathy but I can't find them

This might just be the Biblical putting New wine into Old wine Skin

bobokeshington:
BUHARI WILL GO DOWN AS THE MOST USELESS PRESIDENT IN THE HISTORY OF NIGERIA

Nooooooo....it's in the history of any Zoo

Oh

When countries are disinvesting from public corporation, our president is still proposing a company to be solely owned by government. Where is Nigeria Airways, where is daily Times, where is NITEL etc. Countries that want economic development create conducive atmosphere for businesses to strive. These things are not working here because of corruption. Open up the oil and gas sector and allow private individuals to come in and invest.

bobokeshington:
BUHARI WILL GO DOWN AS THE MOST USELESS PRESIDENT IN THE HISTORY OF NIGERIA

Abi o! To him and his ilk again? God Forbid!

ItswellMike:
Keep kwayet

Ok sir

For goodness sake can't anybody explain the implications of this clearly to a layman like myself? What are the implications? Do staff lose their jobs? Etc

PIB: NNPC to be Commercialised, Better Deal for Host Communities, Says Sylva
editorSeptember 28, 2020 9:43 Pm
By Deji Elumoye

The Minister of State for Petroleum Resources, Hon Timipre Sylva, has said the [/b]Nigeria National Petroleum Corporation (NNPC) will not be scrapped but commercialised if the Petroleum Industry Bill (PIB) is passed into law.[b]

Sylvia, who spoke with newsmen on Monday evening after a closed-door meeting with the leadership of the National Assembly, declared: “I have heard so much noise about NNPC being scrapped, that is not envisaged in the bill at all”.

Rather, he said the “NNPC will be commercialised, if at the end of the day the PIB was passed by the National Assembly and assented to by the President”.

The Minister also hinted that government through the new bill aims to develop the mid stream of the oil sector.

Said he: “If you are talking about transforming the industry, the new thing we are developing is the mid stream. That is the pipeline sector, that sector in the mid stream and the downstream because the framework is not fully developed. So we have provided robustly for the growth of the midstream sector.”

On other details of the PIB, Sylvia hinted that host oil communities “have the best deal and its details you would hear in the next few days”.

He added that the bill will take care of the PEF while the PPPRA will not exist in the form it is today.

https://www.thisdaylive.com/index.php/2020/09/28/pib-nnpc-to-be-commercialised-better-deal-for-host-communities-says-sylva/

This Buhari is one hell of a clueless scammer.
He only excels in using his media minions to shoot down others' ideas only to turn around and do them.
No wonder he never passed waec

LiesSlayer007:
shut up you disgusting munafik, where you not among those that called Atiku names for proposing to scrap nnpc?. your hypocrisy stinks

Yes I was the one. What you gon do about it uhn?

And who is the Min. Of Petroleum? Nonsense and ingredients.

The bill states that the NNPC Limited will be incorporated by the Minister of Petroleum, who together with his finance counterparts, will determine NNPC’s assets and liabilities that will be inherited by the new firm.

Section 54(1, 2 and3 )) reads in part, “The Minister (of Petroleum) and the Minister of Finance shall determine the assets, interests and liabilities of NNPC to be transferred to NNPC Limited or its subsidiaries and upon the identification, the minister shall cause such assets, interests and liabilities to be transferred to NNPC Limited.