The Federal Government is partnering states and local governments as well as private investors to build hundreds of petrol stations across the country in a bid to prevent future crisis in the supply of petroleum products across the country.
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, in Abuja on Monday, said that the government would also sign joint venture agreements with existing petrol stations in its bid to increase the number of outlets run by the Nigerian National Petroleum Corporation.
When asked to explain how the Federal Government planned to build 800 NNPC mega stations, Kachikwu said, “we are working with state governors in terms of land, and with local governments as well.” “Some of that is going to come through joint ventures with some existing filling stations who are willing to do the JVs with us” he added.
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