Home » Uncategorized » New PIA to provide enormous business opportunities for NNPC Ltd – Kyari

New PIA to provide enormous business opportunities for NNPC Ltd – Kyari


As the Federal Government commenced full implementation of the Petroleum Industry Act (PIA) in earnest, the new legislation has been tipped to provide business opportunities that will enable the Nigerian National Petroleum Company Limited (NNPC) earn more revenue for the country.
 
Chief Executive Officer (CEO) of the company, Mallam Mele Kyari disclosed this while addressing staff of the organisation in a townhall meeting held at the NNPC Towers, at the weekend, with staff outside the Corporate Headquarters (CHQ) participating virtually.
 
Highlighting the significance of the PIA to the NNPC and by extension the Nigerian economy, Mallam Kyari said the new legislation has raised shareholders’ expectations on the company, even as it has given it a wide room to make progress.
 
According to the CEO, the PIA had put “all money-making options on the table; it is up to us to take advantage of it”.
 
He said as a result of 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.
 
The CEO charged 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–the over two hundred million Nigerians.

Advertisement

Share This:

READ ALSO  John McAfee death: How it happened

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Why Google’s Alphabet hit by shares slide – experts

Alphabet Inc. shares are down 5% post ...

World’s most sophisticated general-purpose humanoid robot debuts

Beomni is the world’s most sophisticated ...

WhatsApp NITDA

Walking-the-talk: NITDA Inaugurates Enforcement Committee on Domain Name Compliance

NITDA says it has inaugurated enforcement ...

BoICT Lecture 2022 to Explore Impact of Blockchain Technology – Organizers

BoICT Lecture 2022 will explore the ...

Why NCC ITU membership a booster to digital Nigeria – Danbatta

NCC says its  vast experience as ...

Skip to toolbar