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.