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NNPC subsidiary under fire over N591bn oil assets

Tuesday 12 May 2015 01:48
The inability of the Nigerian Petroleum Development Company Limited, a subsidiary of the Nigerian National Petroleum Corporation, to fully develop all oil fields under its control has limited the expansion of the nation’s oil and gas industry, experts have said.Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke
They have thus recommended that indigenous private firms with capacity and expertise should be granted the right to operate those assets to ramp up the exploration and production in the country.

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