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“We will procure the products and we will sell to the state, and will be step on step with the country and literally, I’ve seen no indication at this point in time that the state is ready to change any price of petroleum products. It has nothing to do with our operations. 
“We will procure the products and we will sell to the state, and will be step on step with the country and literally, I’ve seen no indication at this point in time that the state is ready to change any price of petroleum products. It has nothing to do with our operations.
“For us, what it really means is that this is business for us. We’ll charge them a fee and at any point, so that the company can make money on behalf of its shareholders,”
The unveiling of the new @nnpclimited by President Buhari, later this morning at the State House.
The new Petroleum Industry Act 2021 (PIA) has transformed the Corporation into a limited liability company, governed by the new CAMA 2020. #AsoVillaToday
The new Petroleum Industry Act 2021 (PIA) has transformed the Corporation into a limited liability company, governed by the new CAMA 2020. #AsoVillaToday
Event set to kick off. President Buhari is now taking a tour of the “NNPC Museum”, a pop-up museum set up within the StateHouse Conference Center. #NNPCIsTransitioning #NNPCLimited
Watch live here:
