The Group Managing Director of the Nigeria National Petroleum Corporation, Doctor Maikati Baru today briefed President Muhammadu Buhari on the activities of the corporation and its subsidiaries.
Addressing State House correspondents after a closed-door meeting with the president in the Presidential Villa, Abuja, Doctor Baru said he briefed President Buhari on the relative stability in the nation’s oil and gas sector in recent time.
The NNPC boss said he informed the president of the situation of fuel supply across the country, crude oil and gas productions as well as the corporation’s ability to supply gas to the power sector.
He said the president expressed delight over the reported stability in the oil and gas sector.
Doctor Baru disclosed that following the peace and stability being enjoyed in the nation’s oil and gas sector, the nation has recorded two million barrels of crude oil production.
The NNPC Group Managing Director said the Corporation has no plan to increase the prices of its products as being speculated.