(1) The NNPC is to be privatised with the government holding a stake of no more than 25%. Foreign partners will hold about a 50% stake, with the company floated on the Lagos, New York, London, Frankfurt and Tokyo stock exchanges
(2) The NNPC will be recalibrated as a diversified conglomerate with a presence in manufacturing, agriculture, steelmaking, food processing, automobile assembly, power generation, shipbuilding, aircraft manufacturing, rail franchise operations, aviation, etc