President Muhammadu Buhari yesterday disclosed that trial of corrupt officials of the Nigeria National Petroleum Corporation (NNPC) will commence very soon.
The President made the disclosure during a meeting with President Xi Jinping of China on the sidelines of the 70th General Assembly of the United Nations (UN) in New York.
He stressed the need to sanitise the oil industry and free it from shady deals revealing that those responsible for the corruption in the oil giant firm will soon be prosecuted.
He said the first step in this direction had already been taken, with the appointment of a new management for the NNPC and its subsequent reorganisation.
Buhari praised President Xi for China’s assistance to Nigeria to curb the theft of crude oil.
He applauded China’s interception of a shipload of crude oil stolen from Nigeria, which was to be sold and the proceeds paid into private accounts.
“We know your stand on corruption and we are grateful. Your continued cooperation in curbing oil theft from Nigeria will be appreciated, ” he said.
Buhari told his Chinese counterpart that under his leadership, the military had been re-trained and re-equipped and was making steady gains in the fight against Boko Haram.
President Xi said China was involved in the development of Nigeria in diverse areas, such as construction of railways, airports, agriculture, and the Mambilla Hydro-power project, among others.
He promised that China will increase its investment in Nigeria’s agricultural sector to boost food security.
Xi also promised that his country will invest in Nigeria’s oil and gas industry and assist in the development of human resources.
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