thefact.ng·3 min read·medium
We’re Commercial Entity Not Regulatory Authority
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1stFact_Admin
✦AI Summary
The Nigerian National Petroleum Company (NNPC) clarified that it operates as a commercial entity rather than a regulatory authority. The statement follows public scrutiny regarding oil licensing and production performance metrics.
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that since its incorporation in September 2021, it has been operating strictly as a commercial entity and holds no regulatory or allocative authority.
businesseconomypolitics
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