Recently, the Petroleum Industry Act (PIA) gave birth to a new NNPC, now known as the Nigerian National Petroleum Company Limited (NNPCL), which among others means that the Company will no longer concern itself with issues of petrol price determination and subsidy.
Expectations are that the NNPCL will morph into a profitable venture like other state owned oil companies like Aramco, Rosneft, China National Petroleum Corporation (CNPC) etc.
Join us tomorrow on Twitter Spaces as we discuss the new NNPC, expectations and challenges for the nation’s oil and gas sector.
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