The Reinvention of Nigeria's National Petroleum Company

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The Reinvention of Nigeria's National Petroleum Company Nigeria NNPC NNPCL economy petroleum

On July 19, 2022, Nigeria's national oil firm transitioned from a corporation to a limited liability company, marking a milestone after over 44 years of its establishment. examines what this change means for the new Nigerian National Petroleum Company Limited and aggregates stakeholders' perspectives on the future of the organisation.

The commercialisation of the NNPCL had been the subject of discussions for decades, although there was hardly any framework for its implementation.On Tuesday last week, Nigeria's national oil firm transitioned from a corporation to a limited liability company, marking a milestone after over 44 years of its establishment. In…

 

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