FG only “restructuring” NNPC, not unbundling

Nigeria’s Minister of State for Petroleum Resources, Ibe Kachikwu, has stated that the federal government has not unbundled the Nigerian National Petroleum Corporation, NNPC, but only restructuring. The minister who spoke to state house correspondents, said he was alarmed by reports that the NNPC had been split into separate entities. “We have not unbundled NNPC. […]

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