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NNPC misses deadline for IPO launch | TheCable

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.nnpclimited misses deadline for IPO launch | TheCable

The Nigerian National Petroleum Company Limited has missed the deadline for thelatest quarterly report published on Monday.from a state-run oil corporation to a commercial venture, in line with the Petroleum Industry Act .

According to the quarterly publication, the NNPC was expected to be IPO-ready by the end of the second quarter .Advertisement “The PIA provides that NNPC Ltd will be in a position to consider any initial public offer in three years’ time.”

 

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