NNPCL Is Broke: Nigeria Seeks Public-Private Partnerships to Revamp Nigeria’s Crumbling Oil Pipeline Infrastructure

The Federal Government of Nigeria has acknowledged the dire state of the country’s oil pipeline infrastructure, revealing that the Nigerian National Petroleum Company Limited (NNPCL) lacks the financial capacity to undertake the necessary repairs and upgrades. This admission was made by the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, during the 2024 Energy [...]The post NNPCL Is Broke: Nigeria Seeks Public-Private Partnerships to Revamp Nigeria’s Crumbling Oil Pipeline Infrastructure appeared first on Tekedia.

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