History Made as Buhari Receives Certificate of Incorporation for NNPC
- President Muhammadu Buhari has been given the certificate of Incorporation of the Nigerian National Petroleum Corporation (NNPC)
- According to reports, he was presented with this certificate at the state house on Friday, October 8 by the miister of state for petroleum, Timipre Sylva
- Meanwhile, The NNPC LTD was incorporated by the Corporate Affairs Commission recently, after it received an application for its registration from the FG
Abuja- President Muhammadu Buhari has received the Certificate of Incorporation of the Nigerian National Petroleum Corporation (NNPC).
He was presented with the certificate by the Minister of State for Petroleum, Timipre Sylva, Registrar Corporate Affairs Commission, Alhaji Garba Abubakar and NNPC Group Managing Director, Mele Kyari, at the State House, in Abuja on Friday, October 8.
Photos of this report were shared on the Facebook page of a presidential media aide, Buhari Sallau.
Others present include; the Permanent Secretary, Ministry of Finance, Budget & National Planning Aliyu Ahmed; Chief of Staff to President Buhari, Ibrahim Gambari; Secretary to the Government of the Federation, Boss Mustapha; Permanent Secretary, Ministry of Petroleum Resources Dr. Nasir Sani Gwarzo, and NNPC CFO, Umar Isa Ajiya.
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Earlier, The NNPC LTD was incorporated by the Corporate Affairs Commission on September 22 after it received an application for its registration from the Federal Government.
Following the signing of the Petroleum Industry Bill into law by President Muhammadu Buhari on Tuesday, August 17, Mr Sylva had said that the (NNPC) will become a commercial company within six months.
He said a transitional committee was already in place to incorporate NNPC Limited.
Under the recently signed Petroleum Industry Act (PIA), the Nigerian National Petroleum Corporation (NNPC), was expected to transform to a limited liability company, a fact that has now been accomplished.
Despite refineries employing new 1,586 staff, NNPC says 100% of Petrol Consumed in the country are imported
Meanwhile, Legit.ng had earlier reported that the Nigerian National Petroleum Corporation (NNPC) has disclosed that in August, 100% of the 1.74 billion liters of petrol consumed by Nigerians were imported.
The General Manager, Corporate Services, the Petroleum Products Pricing Regulatory Agency (PPPRA), Kimchi Apollo disclosed this in a statement released on its website.
The statement also showed the amount of petrol consumed is a drop of about 132,301,071 litres when compared to the 1,867,925,811(1.86 billion) litres consumed in July.
Surprise Package: Videos, photos emerge as Ethiopian Prime Minister turns Buhari's driver
In another development, President Muhammadu Buhari got a state-of-the-art treat in Ethiopia during and after the swearing-in ceremony of the nation's prime minister, Abiy Ahmed.
Upon arrival at Addis Ababa, the nation's capital, President Buhari was warmly received by Ahmed, the president of Ethiopia, Sahle-Work Zewde, and the Senegalese leader, Macky Sall Zewde.
He was also accorded a full guard of honour by the Ethiopian National Defence Force on his arrival, Legit.ng gathered.