HomeBusinessTinubu speaks on NNPC’s future, announces upcoming reform and share sale

Tinubu speaks on NNPC’s future, announces upcoming reform and share sale

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President Bola Tinubu announced plans to reform the NNPC and list it on Nigeria’s capital market during a meeting with NGX Group leadersNNPC Group CEO Bayo Ojulari had earlier revealed the company has a roadmap to achieve a stock exchange listing by 2028Nigeria Revenue Service chairman Zacch Adedeji linked the subsidy removal to the economic changes now taking shape under Tinubu

Legit.ng journalist Victor Enengedi has over a decade’s experience covering energy, MSMEs, technology, banking and the economy.

President Bola Tinubu has confirmed that the Nigerian National Petroleum Company (NNPC) Limited will undergo reforms and be listed on the Nigerian capital market, signalling a significant shift in the future of Nigeria’s state oil company.

Tinubu made the announcement on Friday during a meeting at the State House with the board and management of the Nigerian Exchange Group (NGX).

Tinubu Unveils Major NNPC Plan as Government Targets Oil Company’s Stock Market ListingTinubu Announces Major NNPC Reform, Reveals Plan to sell Oil Company’s shares to Nigerians
Source: UGC

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