Awolowo disclosed this on Wednesday when he hosted the NNPC boss at the Export House, in Abuja. xHe added that the recent passage of the Petroleum Industry Bill (PIB) was also highlighted as being instrumental in driving the growth of the Downstream sector and supporting Nigeria’s diversification from being essentially a mono-economy on oil. The GMD, NNPC in his remarks said the visit to the NEPC, the first of its kind heralded a newly strengthened relationship between the two organisations. xHe emphasised that the signing of the final investment decision to build Nigeria’s first methanol –processing plant expected to be completed in 2024 will create 30,000 direct and indirect jobs during construction and about 5,000 jobs during operation. The NEPC affirmed that it looks forward to a committed collaboration with the NNPC to ensure that an enabling environment for the promotion of non-oil exports is created and sustained.

Source: The Guardian July 09, 2021 04:30 UTC