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Nigerian Government Contemplates Selling NNPC Assets Amid Oil Production Decline

Business1 min read
Nigerian Government Contemplates Selling NNPC Assets Amid Oil Production Decline

The Nigerian government is contemplating selling NNPC assets as crude oil production decreases, affecting investor confidence. Olú Verheijen, a special adviser to the president on energy, highlighted concerns about NNPC's performance and the need for a strategic framework to reform the oil and gas sector.

The government aims to attract investors and enhance transparency to boost oil output and revenue generation.

Plus234Feed summary based on reporting from Legit NG. Read the original report below.

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