NNPC to begin concessions for pipelines, depots in March

The minister of state for Petroleum Resources Dr. Emmanuel Ibe Kachikwu has said that the Federal Government would advertise concessions for pipelines and depots beginning from next month,Daily Trust reports.

It would be recalled that Kachikwu, who is also the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), had late last year hinted of the federal government’s intention to privatize the country’s over 5000 km pipelines in order to enhance efficient management of the infrastructure and bring pipeline vandalism to the barest minimum.

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