Government to introduce new petroleum policy in the next few days - Kachikwu

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Minister of state for Petroleum Resources and Group Managing Director of NNPC, Ibe Kachikwu, says the Federal Government will
be coming up with a new policy for the Petroleum sector within the next few days.

Speaking during the second town hall meeting organised by the federal ministry of information and culture in Kaduna state yesterday May 10th, Kachikwu said the new
policy will allow petroleum price products to swing along the line of the international market.

Industry experts say the new
policy will allow oil marketers determine how much they will sell their products while the Federal
Government will continue to
subsidize the products at all
NNPC fuel outlets.

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