NNPC cancels bidding

                                             

NNPC says that she has cancelled bidding for new crude oil swap agreements and will instead directly sell crude oil to refineries and purchase refined oil products from them.

NNPC in a statement from its Group General Manager Public Affairs, Ohi Alegbe, in Abuja explained that the decision was part of a major effort to enshrine transparency and eliminate the activities of middlemen in its participation in the crude oil exchange for product matrix.