Oil

Buhari Unveils New NNPC Ltd

President Muhammadu Buhari (M) flanked by the NNPC Board Chairman Sen M Okadigbo, Speaker Rt Hon Femi Gabjabiamila, GMD NNPC Mele Kyari, Minister of State Petroleum Resources, Mr Timipre Sylva, President of the Senate, DR Lawan Ahmed, Ekiti State Governor, Dr Kayode Fayemi, SGF Mr. Boss Mustapha and some Governors during the unveiling the New NNPC at the State House.

President Muhammadu Buhari has unveiled the new identity and logo for the Nigerian National Petroleum Company (NNPC), which is now a limited liability company.

The new identity has transformed the NNPC Ltd into a commercially driven and independent entity, with the responsibility to declare dividends to its shareholders.

Buhari expressed delight he had consistently had the opportunity to shape the course of the petroleum industry in the country.

He thanked the National Assembly for facilitating the passage of the Petroleum Industry Act (PIA), which had been in the works over different administrations but only came to reality during the current dispensation.

The motto of the new logo unveiled by the President reads “NNPC: Energy for today, Energy for tomorrow.”

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