NNPC to be split
NNPC to be split
Published: 01:08 am Mar 05, 2016
ABUJA: Nigeria is to break up its state-run oil and gas firm into 30 separate companies, the country’s junior oil minister announced, as part of wider plans to overhaul the corruption-ridden operation. Emmanuel Ibe Kachikwu told an energy conference in Abuja on Thursday the move was designed to make the Nigerian National Petroleum Corporation (NNPC) more efficient.