On Friday, July 19 this year, the Nigerian National Petroleum Company Ltd became two years since its transformation into a Company whose operations is being regulated under the Companies and Allied Matters Act.
The NNPC Ltd’s transformation into a CAMA company followed the implementation of the Petroleum Industry Act 2021. The signing of the Petroleum Industry Act (PIA) in August 2021 by former President Muhammadu Buhari was a game changer for the NNPC Ltd and the management team led by the Group Chief Executive Officer, Mallam Mele Kyari as it opened the door for more significant changes in the national oil giant.
