He added that the ministry would ensure the timely completion of the project as directed by President Bola Tinubu.
This announcement follows the success of the first accordion tranche of the $3.3 billion facility
The removal of the fuel subsidy jerked prices from N190 per litre to N580 per litre, and often more, depending on the naira’s value in the foreign exchange market.
The agreement was signed at the NNPC Ltd’s Corporate Headquarters in Abuja on Thursday.
NNPCL boss Mele Kyari said this while delivering a keynote address on energy at the Nasarawa Investment Summit in Lafia.
The youths said Mr Kyari was working to solve fuel scarcity.
Mr Kyari said no country surrenders the protection of its critical assets.
OPEC says the oil industry will require about $14 trillion in investment from now to 2045 to meet global demand.
The 13th NNPC Limited Sports Fiesta is holding at the Moshood Abiola National Stadium in Abuja and will end on February 23.
“The NNPC Limited requires that we conduct business transparently and profitably in line with provisions of the law.”
