Members of the Economic team of President BOLA TINUBU have assured that the current economic realities would soon be a thing of the past.
The team spoke during an emergency interactive session on the state of the economy convened by the National Assembly Joint Committee on Finance in Abuja.
Those in attendance at the session are the Minister of Finance and Coordinating Minister of the Economy, WALE EDUN; Budget and National Planning Minister, ATIKU BAGUDU and Minister of State for Petroleum Resources, HEINEKEN LOKPOBIRI.
Others are the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), MELE KYARI; the Governor of Central Bank of Nigeria (CBN), YEMI CARDOSO and the Chairman of the Federal Inland Revenue Service (FIRS), ZACCH ADEDEJI, among others.
The Group CEO of NNPCL, informed the committee that based on emerging indicators in the Energy and Gas sector, Nigeria will be net exporter of petroleum products by December this year.
According to him, this was based on the fact the Port Harcourt Refinery will start production early next month, adding that this will be followed by the one in Warri and Kaduna refinery latest by December this year.