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Fuel price drop: Group backs NNPCL’s reforms

A Niger Delta anti-pipeline vandalization group has backed the reforms championed by the Nigerian National Petroleum Company Limited to stabilise the country’s oil and gas downstream sector.

The National Coordinator, Anti-Pipeline, Oil Theft & Illegal Bunkering Task Force, Pathfinder Fiawei, made this known in a statement on Tuesday.

According to him, the reforms, which are the initiative of the Downstream at the Nigerian National Petroleum Company Limited, NNPCL, led by Isiyaku Abdullahi, have deeply impacted and galvanised that part of the oil and gas value chain.

He noted that NNPCL’s efforts have spurred competitiveness in the country’s downstream sector as Nigerians experience a gradual drop in the price of Premium Motor Spirit.

“We, the Anti-Pipeline Vandalization/Oil Theft & Illegal Bunkering Taskforce Group, are a critical stakeholder in the oil and gas sector, and we have painstakingly assessed and monitored NNPCL and the Executive Vice President, Downstream, Isiyaku Abdullahi, Downstream, and have seen the convincing impact and penetration of the timely reforms he has initiated, championed, and executed that have drastically changed the narrative in the history of the oil and gas sector in this country,” he said.

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