Nigeria: Beware of NNPC's Advice, Petroleum Economist Warns Govt

13 August 2019

The immediate past president of Nigerian Association for Energy Economics, NAEE, Professor Wumi Iledare, has cautioned the Presidency against allowing the Nigerian National Petroleum Corporation, NNPC, play an advisory role to the government on oil and gas matters.

In an interview with Vanguard in Abuja, Iledare reminded the government that the NNPC Act did not make the corporation a substitute for the Ministry of Petroleum Resources, stating that the NNPC playing an advisory role to the Presidency over the years, had not helped the government or the country. Iledare is currently Professor of the Ghana National Petroleum Corporation's Chair of Petroleum Economics at Institute of Oil and Gas Studies, IOGS, in the Ghana University of Cape Coast.

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