NNPC saves $2.2bn from DSDP scheme - Vanguard News

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NNPC saves $2.2bn from DSDP scheme vanguardngr.com vanguardnews

President Muhammadu Buhari, Minister of Petroleum Resources, Ibe Kachikwu, Ministe of State, Petroleum Resources and Maikanti Baru, Group MD, NNPC

He stated that over the years, through a transparent competitive bidding and evaluation process, the DSDP scheme had enlisted a robust supplier mix, comprising big international players and strong Nigerian downstream companies for supply flexibility and local capacity development. He stated that the programme was designed to plug loopholes recorded in previous Offshore Processing Arrangement deals, explaining that reputable and qualified companies would be engaged for the scheme.

He said, “We are trying to ensure that out processes are open to all the DSDP is an intervention 6to ensure unfettered supply of petroleum products.”

 

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