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Petroleum Minister of State Ibe Kachikwu
The Federal Government is set to stop the importation of fuel by 2019 with the approval of a new National Oil Policy by the Federal Executive Council.
The Minister of State for Petroleum, Mr Ibe Kachikwu, told journalists that the policy is geared towards re-organising the NNPC for greater efficiency and accountability.
This is a follow up to the National Gas Policy which was considered three weeks ago to ensure Nigeria moves from an oil to a gas-producing nation. (Channels TV)