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ROLE OF NNPC TO NIGERIAN ECONOMY — Economics Keypoint

ROLE OF NNPC TO NIGERIAN ECONOMY

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  1. NNPC provides employment opportunities. 
  2. It oversees the export of petroleum to other countries. 
  3. It also co-ordinates the distribution of petroleum products in the country through its dealers. 
  4. NNPC supervises the oil companies in their exploration, drilling and production of crude oil.
  5. NNPC arranges for the refining of petroleum into its various components like petrol, diesel and kerosene.
  6. It also monitors and supervises the allied industries on behalf of the federal government.
  7. It equally approves and supervises the installation of oil depots at strategic places.
  8. It represents the country in the organization of petroleum exporting countries (OPEC)
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  2. NEGATIVE CONTRIBUTIONS OF PETROLEUM TO THE NIGERIAN ECONOMY
  3. PETROLEUM AND NIGER ECONOMY
  4. FEATURES OF AN UNDERDEVELOPED ECONOMY
  5.  ROLE OF GOVERNMENT AGENCIES IN PRODUCT DISTRIBUTION IN NIGERIA
  6. ROLE OF INDUSTRIALIZATION IN ECONOMIC DEVELOPMENT
  7. ACHIEVEMENTS OF NIGERIA AS A MEMBER OF OPEC

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