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NNPC’s 10% IPO: Will Nigerians Finally Own a Stake in Their Oil Wealth?
Nigeria’s national oil company wants to sell up to 10% of its equity, potentially opening the door to millions of investors. But with ₦7.2 trillion in annual profit, billions in future oil-sale commitments and unresolved governance questions, the biggest issue is not who buys NNPC shares. It is whether ordinary Nigerians will finally gain the…




