“When energy is affordable, we would have been able to meet some of the Sustainable Development Goals.”
Mr Sylva said the massive crude theft was affecting Nigeria’s capacity to meet OPEC daily quota.
The Nigeria Economic Summit Group (NESG) published its macroeconomic outlook this week.
“If there are increases in price, it is not from the government,” Mr Sylva asserted.
Timipre Sylva says the modular refineries under construction will soon be ready, noting that local crude oil production in the country is on course.
The Federal Executive Council (FEC) has approved the acquisition of 20 per cent minority stakes ($2
The official noted that Mr Sylva would continue to work toward building harmony amongst Niger Delta leaders.
“That process is ongoing; we have already launched the policy.”
“Definitely, there is no fuel (price) increment. I’ve announced that. The price remains N162 per litre.”
“The meeting extends special thanks to Nigeria for achieving full conformity in January 2021.”
