New NNPC Limited: Group commends President Buhari 

The Association of Mega Filling Station Owners of Nigeria (AMFSON) has commended President Muhammadu Buhari for the strong political will he displayed in unbundling the Nigerian National Petroleum Corporation (NNPC) which has resulted in the emergence of the Nigeria National Petroleum Company (NNPC Limited).

President Buhari last week, formally unveiled the new NNPC Limited at a ground breaking ceremony held at the Banquet Hall of the Presidential Villa, Abuja. The unveiling marks the formal transitioning of the oil giant from a government parastatal to a full commercial company to be regulated by the Companies and allied Matters Act (CAMA).

AMFSON in a statement, described the transition of NNPC under President Buhari as historic, noting that it was President Buhari who supervised the establishment of NNPC in 1977 when he was serving as minister of Petroleum under General Olusegun Obasanjo.

AMFSON President, Chief Anthony Amitaye, stated that the transistion of NNPC to a full commercial enterprise holds the key to the unlocking of huge untapped potentials in the nation’s petroleum industry.

Responding, the Ag managing director of NNPC Retail Limited, Bello Lawal, expressed gratitude to the members of the association for deeming it fit for them to came and rub minds with the company. He assured that the meeting would mark the beginning of a new relationship as NNPC Retail is in the process of consulting with its relevant stakeholders.

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