The Nigerian National Petroleum Company Limited (NNPCL) is gearing up for its highly anticipated listing on the capital market, as mandated by the Petroleum Industry Act 2021.
According to Olufemi Soneye, NNPCL’s Chief Corporate Communications Officer, the company is in its final stages of preparation
As part of this process, NNPCL is engaging with potential partners through an initiative dubbed the “NNPC Ltd. IPO Beauty Parade.” This exercise aims to assess potential partners and determine how they can support the company in areas such as *Investor Relations*, *IPO Readiness Advisors*, and *Investment Bank Partners*
The company with the best offer in each category will be selected to support NNPCL’s transition into a publicly traded entity. This development is a significant step towards transparency and accountability in Nigeria’s oil and gas sector.