FG moves to rejig oil sector

The federal government has informed that there were various factors that necessitated the recent hike in the cost of petroleum resources prices in Nigeria.

It says strategies are being put in place to ensure that Nigeria do not witness fuel scarcity.

Minister of state for petroleum resources, Timiprey Silva said, the challenges facing the petroleum sector will soon end as the relevant arms of government will meet to enact necessary law.

Silva noted that the Buhari led government was leaving no stone unturned to rejig the oil sector.

Timiprey Silva spoke at the launch of NNPC upstream cost optimization programme held in Abuja.