Eleme Petrochemicals Company Limited (EPCL), located in Port Harcourt, Rivers State, is a petrochemicals complex originally fully-owned by the Federal Government of Nigeria and commissioned in 1996. Although constructed to international standards, located to take advantage of Nigeria’s abundant supplies of natural gas, and designed to manufacture products for which there was consistently high demand, …
Oil Marketing Companies: Forte Oil (formerly African Petroleum Plc); Oando Plc (former Unipetrol Nigeria Plc); and ConOil Plc (former National Oil and Chemical Marketing Company) West Africa Refinery Company in Sierra Leone (WARCO) Eleme Petrochemical Company Limited (EPCL) Calabar Liquefied Petroleum Gas Company Eight Oil Service Companies (OSC) Baroid Drilling Chemical Products Limited Baroid of …
Distribution Companies The eleven enterprises have been privatised. Following the security challenges in the North-east, Yola Distribution Company was returned to the Federal Government and is being managed by an employee of the Federal Ministry of Power, Works and Housing. Abuja Distribution Company; Benin Distribution Company; Eko Distribution Company; Enugu Distribution Company; Ibadan Distribution Company; …
BACKGROUND AND CORPORATE STATUS OF NMTL The Nigeria Machine Tools Limited, Oshogbo (“NMTL”; “the company”) was conceived in the Nation’s 4th National Development Plan (1976 – 1980) which supported the establishment of industries for the production of capital and engineering goods of intermediate technology content. Incorporated on February 18,1980 (RC 31778) as a limited liability …
BACKGROUND The NMC is a Federal Government Public Statutory Corporation established by Decree number 39, as contained in Gazette No 54, Vol. 59 of 1972, and amended by Decree 34 of 1976 (now NMC Act, Cap. 317, 1990). The NMC as provided by the Decree was to play a dominant role and to act as …