Politics and patronage are likely to exert a powerful influence on state-owned NNPC’s crude term allocations as Nigeria heads to elections in February. The firm’s provisional crude schedule for 2018-20 includes 50 firms, 32 of which are Nigerian, compared with 39 and 18, respectively, in the 2017-18 list. An additional 13 government-to-government deals are also included on the list. Many of the Nigerian firms that have made the provisional customer schedule have close links to President Muhammadu Buhari and the ruling All Progressives Congress (APC) party.
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