Macro Analysis /
Nigeria

Getting Nigeria's NNPC IPO-ready

  • The Petroleum Industry Act became law in August. A key provision centres around the restructuring of the NNPC

  • As an incorporated entity, NNPC Ltd could position for an IPO, but this is unlikely before 2024 at the absolute earliest

  • In our view, there is a long way to go get the NNPC ready for an IPO and there are bigger fish for Nigeria to fry

Getting Nigeria's NNPC IPO-ready
Janet Ogunkoya
Janet Ogunkoya

Senior Research Analyst

Tellimer Research
10 September 2021
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