“In response to media inquiries on NNPC joint venture financing, Vice President Osinbajo, as Acting President approved recommendations after due diligence,” Mr. Akande said.
Browsing: joint venture funding
One of the NNPC chief executive’s 12 key business focus areas, the growth of the Nigerian Petroleum Development Company (NPDC), a subsidiary of NNPC, is also geared towards reviewing some of the salient contractual rrangements and terminating all bad ones, the NNPC said.
In a statement issued by the labour leader to journalists in Abuja, he urged the Federal Government to initiate strong industrial policies as contained in the 2014 Nigeria Industrial Revolution Plan.
But, in defiance of government’s position. the leadership of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, announced that it has commenced its strike, even as it stressed that the strike action would be a total shut down.