The Nigerian National Petroleum Corporation, NNPC, was established on April 1, 1977, under the statutory instrument-Decree No. 33 of same year by a merger of Nigerian National Oil Corporation, NNOC, with its operational functions and the Federal Ministry of Mines & Power with its regulatory responsibilities. This decree established NNPC, a public organization that would, on behalf of Government, adequately manage all government interests in the Nigerian Oil industry. In addition to its ...