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Nigeria: NNPC Limited takes the lead in energy security

22/07/2022
Categories: Companies

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Nigerian President Muhammadu Buhari has revealed that the new company, the Nigerian National Petroleum Company (NNPC) Limited which will guarantee the country's energy security.

NNPC Limited could bring lasting value to its more than 200 million shareholders and the energy community Global ticks; operate without relying on public funding and be exempt from institutional regulations such as the Single Treasury Account (CUT). The President assured industry stakeholders that Africa's largest NOC will adhere to its core corporate values of integrity, excellence and sustainability while operating as a commercial, independent and sustainable NOC at the same level as its peers. from all over the world. Recall that Muhammadu Buhari, long before, authorized the transfer of assets from the Nigerian National Petroleum Corporation to his successor company, the Nigerian National Petroleum Company Limited, and led the implementation leading to the unveiling of the largest national oil company D&# 39; Africa today, “he added.

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