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96 Firms Bid for Rehabilitation of NNPC Pipelines, Depots

Emmanuel Addeh in Abuja Ninety-six companies from various jurisdictions have indicated interest in rehabilitating the Nigerian National Petroleum Corporation (NNPC) downstream infrastructure, including critical pipelines, depots and terminals. A statement yesterday in Abuja by the Group General Manager, Group Public Affairs Division of the NNPC, Dr. Kennie Obateru, said the 96 companies emerged during a virtual public bid opening for the pre-qualification of bidders for the contract. It stated that the public opening of the bids for the contract was in keeping with the NNPC management’s commitment to transparency and accountability in all its processes and transactions. The NNPC noted that the public’s response to its Build, Operate and Transfer (BOT) financing model, was buoyed by the prevailing culture of Transparency, Accountability and Performance Excellence (TAPE) of the current management of the corporation.

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