The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has said that the corporation has as at today brought down the cost of production of oil in the neighborhood of $20 per barrel. Baru said this at the opening ceremony of the 2018 Technology Innovation Expo organized by the Ministry of Science and Technology in Abuja yesterday. The week-long expo aims to highlight the capabilities of Nigerian scientists, engineers, and inventors in contributing to economic diversification. “The more we bring down the cost, the more the money that comes to the federal government and into the pockets of state and local governments.” “Our target is to make sure it clocks $15 and we will continue to work towards that,” he said. According to him, lot of Nigerians will be involved in all aspects of engineering, procurement and construction of key projects including the impending […]