Africa Business Radio

The national oil company’s Group Managing Director, Mallam Mele Kyari, says when the Nigerian National Petroleum Corporation is fully commercialised in the next few months, the corporation will no longer render free service to the federal government. Kyari noted that from then, all services rendered to the government by the NNPC limited or its subsidiaries will come at a cost to the government, including the remittance of federation crude account funds to the planned upstream commission.He stated that the NNPC was on course towards its final incorporation, explaining that it will no longer have access to government funding, but would survive based on its internal resilience and efficiency.