By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Privatize Oil and Gas Sector, El-Rufai Tells FG
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Privatize Oil and Gas Sector, El-Rufai Tells FG

News

Privatize Oil and Gas Sector, El-Rufai Tells FG

Juliet Amaka
Juliet Amaka
Published: June 13, 2025
Last updated: June 13, 2025
2 Min Read
Share
Privatize Oil and Gas Sector, El-Rufai Tells FG | Daily Report Nigeria
SHARE

Governor Nasir El-Rufai of Kaduna State has said that the Federal Government should sell everything in the oil and gas sector.

The governor who appeared on Channels Television’s Sunrise Daily on Thursday at the seventh edition of KadInvest, said nothing significant has changed with the commercialisation of the Nigerian National Petroleum Company in July 2022.

He further stated that the NNPC is Nigeria’s biggest problem and should be privatised.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

READ ALSO: FG Speaks On Plans to Privatize TCN

The Governor pointed out that Nigerian Telecommunications Limited achieved nothing until the private sector came in and revolutionalized the telecoms business.

He said;

“I am giving this example so that when I say government should get out of oil and gas, people should not think it is crazy; it is not. There is no reason why the Nigerian Government should still be in the oil and gas sector. It should just get out, it has failed. By every measure it has failed.

“This year, NNPC has not brought N20,000 to the federation account. We are living on taxes. It is PPTs, royalties, income tax and VAT that is keeping this country going because NNPC claims that subsidy has taken all the oil revenues. I don’t believe it.

“So, the government should sell everything in oil and gas sector…The government should get out of everything that is left of electricity, leave it to the private sector, create the environment, the money will come. We did it in the telecoms sector.

“Nothing has changed, it’s just a change in name with limited at the end.

“Nothing has changed, they are still taking our money, declaring profit that we don’t see the dividends.”

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:FGNNPCTop Stories
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

FIFA World Rankings : Nigeria’s Super Eagles Slip, Still Hold Africa’s Historic Record | Daily Report Nigeria
FIFA World Rankings : Nigeria’s Super Eagles Slip, Still Hold Africa’s Historic Record
Sports
Nigerian on Solo Bicycle Journey to the US Arrives Ghana | Daily Report Nigeria
Nigerian on Solo Bicycle Journey to the US Arrives Ghana
Gists
Bill Gates Features in Comedy Skit with MI Abaga, Broda Shaggi, Layi Wasabi | Daily Report Nigeria
Bill Gates Features in Comedy Skit with MI Abaga, Broda Shaggi, Layi Wasabi
Entertainment
Annie Idibia Reflects on Humble Beginnings, Celebrates Rise in Nollywood | Daily Report Nigeria
Annie Idibia Reflects on Humble Beginnings, Celebrates Rise in Nollywood
Entertainment
Rita Edochie Insists May Still Bears Yul’s Name, Tells Haters They Didn’t Give It to Her | Daily Report Nigeria
Rita Edochie Insists May Still Bears Yul’s Name, Tells Haters They Didn’t Give It to Her
Entertainment

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

Countdown To Nollywood Actress, Toyin Abraham's 40th Birthday As She Shares Adorable Photo | Daily Report Nigeria
News

Countdown To Nollywood Actress, Toyin Abraham’s 40th Birthday As She Shares Adorable Photo

June 13, 2025
IYC Obotebe Congratulates Otuaro on Amnesty Administrator Appointment
News

Otuaro’s Appointment as PAP Boss Based on Merit – Niger Delta Group

June 14, 2025
2023: APC Pegs Presidential, Governorship Forms at N45m, N30M | Daily Report Nigeria
Politics

2023: APC Pegs Presidential, Governorship Forms at N45m, N30M

June 15, 2025
FG Owes Power Generation Companies N4.7tn, Threatening Nationwide Blackout | Daily Report Nigeria
Business

FG Owes Power Generation Companies N4.7tn, Threatening Nationwide Blackout

June 5, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?