The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry, especially the upstream sector.
A statement by the corporation's Group General Manager, Group Public Affairs, Dr. Kennie Obateru, in Abuja yesterday, stated that Kyari spoke while playing host to members of the House of Representatives Committee on Petroleum Resources (Upstream) who were on an oversight visit to the corporation.
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