Tag Archives: Nigerian National Petroleum Corporation

Oil & Gas expert, James Arukhe emphasizes that Nigeria needs collaboration between government and private entities, alongside strategic investments, to fulfil its domestic and international energy commitments. “Meeting these obligations requires investments in infrastructure, technology, security, environmental sustainability, and human capital,” Arukhe stated. “Policy reforms are also crucial.” He emphasizes …

THE Federal Government yesterday wound up the Nigerian National Petroleum Corporation, NNPC, after 46 years of operation and in its place, the Petroleum Industry Act enabled Nigerian National Petroleum Company Limited, NNPCL, took over as the nation’s oil company. NNPCL was set up in 2021 in line with the Corporate …