President Buhari unveils new NNPC

President Muhammadu Buhari has unveiled the new Nigeria National Petroleum Corporation, NNPC limited.

At the event, Buhari said he was grateful to have been able to shape the destiny of the energy sector, with the signing of the petroleum industry bill in 2021.

He also thanked the national assembly for demonstrating patriotism.

Earlier in a welcome address, group managing director of the NNPC, Mele Kyari said the NNPC will renew its partnership with energy stakeholders for constant energy supply.

Minister of state for petroleum resources, Timipre Sylva said the NNPC limited was birthed by the signing of the petroleum industry bill into law.

The unveiling marks the transformation of the NNPC into a commercial venture.