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Buhari Unveils New NNPC Ltd, Targets 200M Shareholders

President Muhammadu Buhari on Tuesday unveiled the new Nigerian National Petroleum Company Limited (NNPCL), which formally transformed the old government-owned Nigerian National Petroleum Corporation (NNPC) into a full commercial oil company, limited by shares. Speaking at the epoch-marking event at the banquet hall of the Presidential Villa in Abuja, the President said:  “We are transforming […]

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LCCI Set 5-Point Petroleum Industry Act Implementation Agenda For FG

The Lagos Chamber of Commerce and Industry (LCCI), one of the leading Organised private Sector (OPS) groups championing the cause of broad-based growth of Nigeria’s economy, has set a five-point implementation agenda for the Federal Government on the just published Petroleum Industry Act 2021 to achieve the broad objectives of the law. The OPS group, […]