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Place of Origin:
Nigeria
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Nigeria
Contact Person Lisa
No.1 Timi Crescent Adibon Compound, Lgbogene, EPIC
Litii Investment Nigeria Limited an
allied company of The
Nigerian National Petroleum Corporation, NNPC, which was
established on April 1, ***7, under the statutory instrument-Decree
No.*3 of same year by a merger of Nigerian National Oil
Corporation, NNOC, with its operational functions and the Federal
Ministry of Mines & Power with its regulatory responsibilities.
This decree established NNPC, a public organization that would, on
behalf of Government, adequately manage all government interests in
the Nigerian Oil industry.
In addition to its exploration activities, the Corporation was
given powers and operational interests in refining, petrochemicals
and products transportation as well as marketing. Between ***8 and
***9, NNPC constructed refineries in Warri, Kaduna and Port
Harcourt and took over the *5,***-barrel Shell Refinery established
in Port Harcourt in ***5.
In
***8, the NNPC was commercialised into *2 strategic business units,
covering the entire spectrum of oil industry operations:
exploration and production, gas development, refining,
distribution, petrochemicals, engineering, and commercial
investments.