NNPC runs joint venture operations with major oil companies.
Last July, it said it would be ready for an IPO by mid-2023, as it seeks to sell shares to the public.
“We will go to the market and this is going to happen soon. This is the new direction, and I can confirm to you that Mr President is completely committed,” Mele Kyari said at an energy conference in the capital, Abuja.
NNPC, which became a commercial company in July last year, no longer has recourse to state funds and will have to raise funding independently.
REUTERS