Not less than six subsidiaries were reportedly affected, with stakeholders, yesterday, telling The Guardian that the move is sacrosanct, following changing landscape of the global oil and gas industry and passage of the Petroleum Industry Act .
In another development, Data Services limited, NNPC Oil Field Services, and Frontier exploration Services have also been merged to form NNPC Services Limited . The three refineries, currently undergoing rehabilitation, would reportedly be handed over to a reputable third party with experience in operating and maintain them.
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