NNPC was only reorganised, not unbundled – Kachikwu

The Minister of State for Petroleum Resources, Mr Ibe Kachikwu, on Wednesday in Abuja dismissed the assertion that the Federal Government had commenced the unbundling of the Nigeria National Petroleum Corporation (NNPC).

Kachikwu, who is also the Group Managing Director (GMD) of NNPC, made this known while fielding questions from State House correspondents.

He said that what the corporation did was reorganisation of the corporation to achieve greater efficiency in the oil sector of the nation's economy.

“We have not unbundled NNPC. We had a press conference yesterday where I explained this.

“What we have simply done is reorganisation. We have five business entities focused on business- Upstream, Downstream, Refineries, Gas and Power, that are there before.

Gov. Ortom told State House Correspondents that he did not only commiserated with the president on the death of Ocholi, but also briefed him on the happenings in his state.

“ I decided to come and brief Mr President and to appreciate him for standing by Benue in their times of challenge of herdsmen invasion of the state.

“I’m also here to commiserate with the President over the death of our brother, the Minister of State for Labour, the whole of Benue was in mourning state because Ocholi was a very good friend to the entire people of Benue.

“He was with me during the Christmas; he was with me just three weeks ago.

“We prayed that the Almighty God will bless his soul and those of his family members,'' he said. (NAN)