News
Atiku reacts as Buhari unveils NNPC Limited
Atiku Abubakar, the Peoples Democratic Party, PDP, presidential candidate, has said that he was denigrated by the ruling All Progressives Party, APC, for suggesting that the Nigerian National Petroleum Company Limited, NNPC, be reformed.
ANE had reported that the new NNPC Ltd. was officially unveiled by President Muhammadu Buhari in Abuja on Tuesday as a commercial venture.
The transition is in line with the provisions of the Petroleum Industry Act (PIA), 2021, and has transformed the NNPC from a corporation into a limited liability company, incorporated under the Companies and Allied Matters Act (CAMA).
Reacting, Atiku said the transitioning was a step in the right direction.
“I had in 2018 made public my plans to reform the NNPC to make it more profitable, transparent, and efficient. The APC-led government denigrated me for my patriotic vision. But today, I am happy to note that the same government has taken a tentative step along the lines of the suggestions that I had made. It is a step in the right direction, but we are still far from what I had envisaged.
”I hope I’ll have the opportunity to complete the process of turning the NNPC into a genuinely world-class company in the mould of NLNG, Aramco of Saudi Arabia, and Petrobras of Brazil, where Nigerians and institutions will invest in. ” he wrote on Twitter.
-
Technology2 years ago
VoIP Number: Everything You Need To Know
-
Music4 days ago
[Music] Gnash Ft Olivia O’Brien – I Hate you, I Love you
-
Music1 day ago
[INSTRUMENTAL] John Legend – All Of Me
-
Music5 days ago
Alan Walker – Faded [INSTRUMENTAL]
-
Music2 days ago
[Video] 21 Savage ft. Offset & Metro Boomin – Rap Saved Me
-
Music3 days ago
[Instrumental] Wiz Khalifa – See You Again ft. Charlie Puth
-
Music1 week ago
[Music] Akon – Sorry Blame It On Me
-
ANE Stories6 years ago
[STORY] AMAKA THE LESBIAN (Complete Episodes)