On Infrastructure: I will 8.Review the Public Private Partnership (PPP) enabling environment with a view to addressing the legal, regulatory and operational bottlenecks, challenging the effective administration of the system, by introducing enabling legislation. In addition, I will create a National Infrastructural Development Bank to provide loans at nominal interest rates, exclusively for this sector; 9.Generate, transmit and distribute electricity on a 24/7 basis whilst simultaneously ensuring the development of sustainable/renewable energy, by 2019. 10.Embark on a National Infrastructural Development Programme as a Public Private Partnership that will (a) ensure 5,000km of Superhighway including service trunks and (b) building of up to 6,800km of modern railway completed by 2019; 11.Enact new legal and regulatory frameworks to establish independent regulation and incentives to accelerate public and private sector investment in seaports, railways, and inland waterways; 12.Embark on PPP schemes that will ensure every one of the 36 states has one functional airport, with all 21st Century safety tools for effective commercial air travel. On the Oil and Gas Industry: I will 1.Revive and reactivate our minimally performing Refineries to optimum capacity; 2.Make the industry and Nigeria one of the world leading/cutting edge centres for clean oil and gas technology; also producing leading world Oil and Gas technologist, scientists, and owing mega structure installations, drilling, processing, and production facilities and engineers. These facilities and scientists will be supported with the best services and research facilities. 3.Fully develop the sector’s capacity to absorb more of the nation’s new graduate in the labour market. The sector will be funded to produce more home?grown, but world class engineers, scientists, technologist, etc.; 4.Modernise the NNPC and make it the national energy champion. I will consider breaking it up into more efficient, commercially driven units; and may strip it of its regulatory powers, so as to enable it tap into international capital market; 5.Enforce the government master plan for oil companies to end flaring that pollutes the air and damages the communities and people’s health and ensure that they sell at least half of their gas produced within Nigeria; 6.Speedily pass the much?delayed Petroleum Industry Bill (PIB) and ensure that local content issues are fully addressed 7.Make Nigeria the world’s leading exporter of LNG through the creation of strategic partnerships. The Society & Human Capital Development
Posted on: Sat, 10 Jan 2015 00:06:26 +0000
Trending Topics
Recently Viewed Topics
© 2015