NNPC: From monopoly to monopsony – By Etim Etim

NNPC: From monopoly to monopsony – By Etim Etim …C0NTINUE READING HERE >>>

By Etim Etim

Very few business organizations are as lucky as NNPCL, Nigeria’s state-owned oil company, founded over 50 years ago. Since its founding, the corporation has consistently failed to perform its basic functions and meet its organizational objectives; and rather than being liquidated or put up for sale for these failures, NNPC routinely undergoes some form of moulting, shedding its skin and assuming a new look. The façade might look brilliant, but it’s only skin-deep….

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