Five months after the dramatic transfer of power from the Northern part of the country to the South, contending forces in Nigeria’s powerful geo-political zones are presently locked in a fierce battle for the control of the nation’s oil company, the Nigerian National Petroleum Corporation Limited (NNPCL) and its prized assets, Business Hallmark can report.
Aggrieved stakeholders in the petroleum sector had last week accused the management of NNPCL of stealthily awarding rehabilitation contracts of the nation’s dilapidated pipelines to four Northern oil companies, including two downstream retailers.
