NNPC SET TO LAY OFF 1100 STAFF

MINISTER OF STATE FOR NNPC, DR IBE KACHIKWU DON TALKED SEY DEY WILL LAY OFF 1100 STAFF AND HE TALKED SEY NNPC WILL BE DIVIDED TO UPSTREAM,DOWNSTREAM,MIDDLESTREAM WEY BE GAS AND POWER MARKETING AND THE REFINING GROUP HOLDING COMPANY.HE ALSO SAID DEY WILL RESTRUCT THE HEADQUARTER PLUS HE NEVER SEY HE GO INCREASE PRICE OF PMS TO N97 BUT DEY WILL BE DOING MORE OF PRICE MODULATION THAN FUEL SUBSIDY AND DO THIER BEST TO REDUCE FUEL SUBSIDY