Why it is on record
The state oil corporation at the centre of Nigeria's political economy; its 2022 conversion to a limited company under the Petroleum Industry Act 2021 is a structural landmark.
Record held
Africa's largest national oil company by revenue.
Accountability
NNPC is the single most cross-referenced entity in this platform's Looted Funds and Oil Boom records (Abacha-era CBN/NNPC withdrawals; subsidy regime; unremitted revenues per NEITI audits). Those records apply with full force here.
Cross-references
- · NNPC entries — Looted Funds
- · Oil Boom failures