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Activities for the week at the Nigerian National Petroleum Company Limited (NNPC)Ltd), started with a cheering news that President Muhammadu Buhari will unveil the new NNPC on July 18.
This was disclosed within the week by the Group Managing Executive Officer of NNPC, Malam Mele Kyari, at the opening ceremony of the 8th African Petroleum Congress and Exhibition (CAPE VIII) which held in Luanda, Angola.
Kyari said the unveiling was in furtherance of the implementation of Section 53(1) of the Petroleum Industry Act which provides for the establishment of a new corporate entity known as NNPC Ltd.
Delivering a goodwill message at the conference, the GMD highlighted the revolution currently taking place in the Nigerian oil and gas industry through the implementation of the PIA.
He called on the industry leaders and other participants at the conference to join him and the NNPC family for the unveiling of the new NNPC.
He said the CAPE VIII was coming at a time when the world stood between the challenge of energy security and the necessity for energy transition in the context of energy justice.
Kyari stressed that there was need for all stakeholders to find amicable solutions to the challenges facing the sector.
(NAN)
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