Government bends to pressure to stall planned privatisations


Issue 149 - 31 Oct 2008 | 1 minute read

Ahead of the promised law to break up Nigerian National Petroleum Corporation (NNPC), plans to privatise Products and Pipelines Marketing Company (PPMC) – which operates a network of petrol distribution pipelines and depots – and Nigerian Gas Company (NGC) have been shelved by President Umaru Musa Yar’Adua and NNPC group managing director Abubakar Lawal Yar’Adua.

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