President Buhari Reveals What He Plans To Do To NNPC

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President Buhari recently revealed what he will do to the Nigerian National Petroleum Corporation (NNPC),Nigerian  oil company. Buhari believes there is corruption in the company.


In an interview granted by the president in Washington DC during his two-day visit to the US, Buhari said his administration plans to split the NNPC in two in a bid to reform the oil sector. He said rather than breaking the NNPC into four companies, it would be divided into two – regulator and investment vehicle. Read excerpts from the interview made available to The Punch below:

Boko Haram has killed over 400 people in the first half of July alone, and managed to further expand its reach beyond its core areas. You were elected on a promise to destroy the insurgency, what’s gone wrong?

Boko Haram is on the run. We are beginning to turn the tide against Boko Haram. Yes, we have seen a recent increase in civilian deaths, but that is because Boko Haram members are now desperately changing tactics to avoid confronting a renewed and more effective military effort. Instead, they are now targeting civilians. It is a sign of their weakness, not their strength.

Defeating Boko Haram will not happen overnight – it needs a combined military and social answer that will defeat and address the underlying social issues that are driving it. I am putting these measures into place step by step.

First, I have moved the centre of military operations from Abuja to the heart of the insurgency in Maiduguri, the capital of Borno State, so that the military leaders are on the ground to lead the effort at the frontline.

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Secondly, I have revamped the nation’s military leadership with a new team that has the skills, experience and commitment to defeat the terrorists on the ground.

Thirdly, I am working to improve the professionalism and accountability of the armed forces, including clamping down on the misappropriation of funds that has led to serious lack of resources and equipment in the battle against Boko Haram.

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