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132 companies bid for NNPC’s crude sales contract - Premium Times Nigeria

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132 companies bid for NNPC’s crude sales contract

The Group Managing Director of NNPC, Maikanti Baru, who set the process in motion said the essence of the bidding was to ensure reputable qualified companies were engaged.

Mr Baru explained that the process was to ensure that the selection of off-takers aligned with transparent and accountable procedures in compliance with the Public Procurement and Nigerian Content Acts.“It is in demonstration of President Muhammadu Buhari’s transparency and anti-corruption initiatives which the NNPC has imbibed and championed relentlessly.

“Since the inception of the DSDP scheme in 2016 until March 2019, about 29.5 million metric tons of petroleum products have been supplied under the scheme representing over 90 per cent of the national requirement.

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Third consecutive time this is happening in this administration.

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