Sylva who made this known during a media briefing in Abuja, said a transitional committee is already in place to incorporate NNPC Limited.
He further stated that all shares in NNPC Limited are expected to be vested in the government at incorporation and held by the Ministry of Finance.
The Minister however maintained that subsidy policies will remain in place till further notice, stressing that the implementation framework for actual deregulation will be established to mitigate the impact on ordinary Nigerians.
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