Is NNPC a private or public company?

The Nigerian National Petroleum Corporation is the oil corporation through which the federal government of Nigeria regulates and participates in the country’s petroleum industry….Nigerian National Petroleum Corporation.

Type State-owned enterprise
Products Crude Oil, Gas, petroleum products, petrochemicals,
Website nnpcgroup.com

Is NNPC an oil company?

The Nigerian National Petroleum Corporation (NNPC) is the state oil corporation which was ​established on April 1, 1977. In addition to its exploration activities, the Corporation was given powers and operational interests in refining, petrochemicals and products transportation as well as marketing.

Who is owner of NNPC?

Mele Kolo Kyari – GMD NNPC.

What does Nigerian National Petroleum Corporation do?

Nigerian National Petroleum Corporation (NNPC) operates as an oil company. The Company offers exploration and production, gas development, refining, petrochemical distribution, engineering, refinery services, and commercial investments. NNPC serves oil industry in Nigeria and the United Kingdom.

How much does NNPC pay their staff?

On the average, experienced staffs in NNPC earn between N500, 000 – N1 million depending on the level of experience and the rank. Managers in some certain fields in the organization earns far more than this. In fact, some top managers earn above 2 million naira per month.

Who controls Nigeria oil?

Shell Nigeria owns concessions on four companies, they are: Shell Petroleum Development Company (SPDC), Shell Nigeria Exploration and Production Company (SNEPCO), Shell Nigeria Gas (SNG), Shell Nigeria Oil Products (SNOP), as well as holding a major stake in Nigeria Liquified Natural Gas (NLNG).

Is DPR under NNPC?

Short answer. DPR is not a unit under NNPC. Both are independent entities. The only similarity is that both are “owned” by FGN.

Who is the current minister of petroleum in Nigeria?

Timipre Sylva
Federal Ministry of Petroleum Resources (Nigeria)

Type Federal Ministry
Headquarters Abuja, FCT, Nigeria
Key people Timipre Sylva (Minister of State)
Products Crude Oil, Gas, petroleum products, petrochemicals,
Website http://petroleumresources.gov.ng/

What kind of company is Nigerian National Petroleum Corporation?

Corporate Informati​on​​. The Nigerian National Petroleum Corporation (NNPC) is the state oil corporation which was established on April 1, 1977. In addition to its exploration activities, the Corporation was given powers and operational interests in refining, petrochemicals and products transportation as well as marketing.

Where are the headquarters of NNPC in Nigeria?

The NNPC Towers in Abuja is the headquarters of NNPC. Consisting of four identical towers, the complex is located on Herbert Macaulay Way, Central Business District Abuja. NNPC also has zonal offices in Lagos, Kaduna, Port Harcourt and Warri. It has an international office located in London, United Kingdom.

Who is the Managing Director of NNPC Group?

The NNPC group headed by the Group Managing Director, comprises of the Corporate Headquarters, five Autonomous Business Units (ABUs) and two Directorates. The five ABUs and the Corporate Services Directorate are all headed by Chief Operating Officers; while the Finance and Accounts Directorate is headed by the Chief Finance Officer.

When did GMD join Nigerian National Petroleum Corporation?

A 1987 graduate of Geology and Earth Science from the University of Maiduguri, the GMD served as a Well Site Geologist with the Directorate of Foods, Roads and Rural Infrastructure (DFRRI) between 1987 and 1988 under the National Youth Service Corps.