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NNPC Set to Sell Selected Oil, Gas Assets, Invites Bids: Reuters

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NNPC Set to Sell Selected Oil, Gas Assets, Invites Bids: Reuters

30 Dec, 2025

The Nigerian National Petroleum Company Limited has begun moves to sell stakes in some of its oil and gas assets, a new report by Reuters has revealed. This is as the state-owned energy firm seeks to optimise its portfolio and attract fresh investment into the sector. An invitation document released on Monday indicated that the national oil company has solicited bids from interested investors, although it did not disclose the size of the stakes on offer or the amount it aims to raise from the exercise....................................….......READ MORE