President Buhari unveils Nigerian National Petroleum Company Ltd

Issue 465 - 22 Jul 2022 | 1 minute read

“We are transforming our petroleum industry”, President Muhammadu Buhari told a 19 July event in Abuja to launch Nigerian National Petroleum Company (NNPC Ltd) – the limited liability commercial company which is replacing the wholly state-run NNPC corporation. An ebullient Buhari spoke about the emergence of “a commercial oil company with over 200m shareholders with integrity and excellence”.

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