NNPC Plans Oil and Gas Asset Sale Despite Union Opposition

The Nigerian National Petroleum Corporation (NNPC) is set to sell selected oil and gas assets, inviting bids despite debt write-offs. Unions like Pengassan and Nupeng oppose the move, citing economic destabilization concerns.

Discussions are underway for a $2 billion pipeline upgrade supported by Nexus Alliance. Bloomberg reports on Nigeria's struggling energy infrastructure.