…By Dorcas Funmi for TDPel Media.
This significant announcement was made by the Group Chief Executive Officer of NNPC Ltd, Mele Kyari, who highlighted the company’s adherence to Nigerian law as the driving force behind this decision.
Positive Impact of Subsidy Removal and Energy Poverty:
These include expanding gas infrastructure to enable the delivery of gas across West Africa and Europe, enhancing the liquefaction capacity of NLNG, and promoting the use of LPG as a cooking fuel and CNG as an alternative fuel for automobiles.
NNPC Ltd’s announcement of its plans for an Initial Public Offering, along with its commitment to competition and focus on addressing energy poverty, underscores its dedication to the sustainable growth and development of the Nigerian energy sector.