The Chief Executive Officer (CEO) of the company, Mallam Mele Kyari,has said that the new Petroleum Industry Act will provide business opportunities that will enable the Nigerian National Petroleum Company Limited (NNPC) earn more revenue for the country.
Kyari,who disclosed this while addressing staff of the organisation in a townhall meeting held at the NNPC Towers, at the weekend, also highlighting the significance of the PIA to the NNPC and the Nigerian economy.
He said the new legislation has raised shareholders’ expectations on the company, even as it has given it a wide room to make progress.
He added that the PIA had put “all money-making options on the table; it is up to us to take advantage of it”.
He said due ti the new legislation, NNPC Ltd would not only shed some of its toxic liabilities but will be the largest and most capitalised company in the whole of Africa and, potentially, the most profitable on the entire continent.
He implored employees of the organisation to ensure the company becomes a commercially viable entity and a multi-billion-dollar company that will continuously deliver value to its shareholders.
991500cookie-checkHow Petroleum Act Will Strengthen Nigerian Economy-Kyari
