doing more developmental aspects and train them for mundane things like electricians, carpenters, welders, many of these areas require people like that to train. we have to train them first. you have to give them a use will trade they can deploy and use activities the government is instituting. and if we don't succeed in doing it, we need to keep it out of mischief for too long. it is a very important aspect of what the government is trying to do. can you clarify what changes are being made by the nnpc. >> nnpc is not a public cooperation, political paris actor. we want to incorporate nnpc so that it will be a company on its own right, independent of government. the shareholder will be beginning and it was without prejudice to eventually impact shares of this company to the private sector or to outsiders. and we want to make sure that nnpc operates as a commercial entity. the nnpc has been required to be concerned with policy, regulation, also concerned with commercial in very confusing for it. and governance is difficult because they don't have a clear-cut mandate. d. in an oil and gas c

men in prison on any given day when the economy and employers have a hard time finding plumbers and welders. you raised another set of issues about sending jobs overseas. number one, those numbers still are not big enough to account for most of the job loss that we have. much bigger factors are here in the u.s., technology, workplace reorganization, but we do live in a global economy. the global economy presents much cheaper and higher quality prices for american consumers, including low-income consumers. we do send some jobs overseas. the economy has to be able to create new jobs to replace them. that is a better way to frame the issue of. is the plainfield level between overseas competitors and those craving john's here? is our economy creating the jobs that people need, and do young people have the experience to connect to those jobs when they are available? we will not eliminate globalization, we don't want to create excessive incentives for them to go overseas, but we need to think about what will we replace these jobs with at home? will our young people be able to access those jobs wi

trained in for mundane things like electricians, carpenters, welders on the wheel and gas industry, many of these areas. but we have to train them first. somebody running around in the jungle carrying firearms and we make a useful trait that he can deploy in the areas of the the government is instituting the niger delta. if we don't succeed in doing that we won't be able to keep them out the triet [inaudible] this a very important aspect of the government is trying to do. >> can you clarify what changes are being made that would allow nnpc -- >> nnpc is now a public corporation. what we want to do is incorporate nnpc under the corporate law said that it will be a company of its own right, independent of government to get the shareholder will be under the government of nigeria and shared to the private-sector and we want to make sure that nnpc operates as a commercial entity. as i said earlier nnpc has been required to be concerned with policy, regulation, all sorts of things that are not really commercial land very confusing and the government's is difficult because we don't have a clear

bang, bang and developing -- train them for mundane things like being electricians, carp enters, weldersin the oil and gas industry. we need to train them first. instead of running around in the jungle with firearms. teach them a useful trade that he can deploy in the various activities. this is where the challenge is. and if we don't succeed in doing that we won't be able to keep them out of mischief for too long. this is an important aspect of what the government is trying to do. >> can you clarify what changes are being made? >> it is not a public corporation. incorporate them into a limited liability company and incorporate laws so it will be a company in its own right independent of government. it will represent the government of nigeria and this is without prejudice to selling parts of shares of this company to the private sector. and we want to make sure that it operates as a commercial entity. as i said, it has been required to be concerned with policy and regulation and also to deal with things that are really commercial and very confusing. and governance is very difficult becau