The Nigerian National Petroleum Corporation (NNPC) is a Nigerian oil company, using that local authorities implement, manage and monitor petroleum operations within the country.
The NNPC was created on April 1, 1977 as a profitable result of successful combining two largest significant organizations: the Nigerian National Oil Corporation and the Federal Ministry of Mines and Steel. In addition, at the legislative level it completely coordinates general public corporation and international global enterprises, such as Texaco, ExxonMobil, Agip, Royal Dutch Shell and Chevron. By the way, the head office of the NNPC is located in Abuja, the enormous building resembles the four beautiful similar symmetrical towers.
It is worth to notice, that the strict structure of the company is composed of the Board, the Group Managing Director's office, Eight Directorates. Moreover, every department is managed by a special director. Among these departments the bodies, which are connected with quest for oil , processing of raw materials, preparation of investment projects, finances and costs, the gas and the energy industry, engineering designs and business expansion could be mentioned. However, the NNPC has its own branches, two partially subsidiary enterprises and 16 associated firms.
Don’t hesitate reading our news on this topic on naij.com.