The Nigerian National Petroleum Company Limited (NNPCL) is a state-owned oil company in Nigeria, transformed from a corporation into a limited liability company in July 2022.

It is the largest national oil company in Africa, with assets valued at $153 billion. NNPCL operates across the entire spectrum of the energy value chain, including exploration, production, refining, and distribution of petroleum products.

NNPCL was originally established on April 1, 1977, through the merger of the Nigerian National Oil Corporation and the Federal Ministry of Petroleum and Energy Resources. The company partners with several foreign oil companies, such as Royal Dutch Shell, ExxonMobil, and Chevron, to exploit Nigeria's fossil fuel resources. The headquarters of NNPCL is located at the NNPC Towers in Abuja, with additional offices in Lagos, Kaduna, Benin City, Port Harcourt, and Warri.

In recent years, NNPCL has focused on becoming a more commercially driven entity, following the passage of the Petroleum Industry Act in August 2021. This transformation aims to enhance its efficiency and competitiveness in the global energy market. NNPCL continues to play a crucial role in ensuring energy security in Nigeria and contributing to the country's economic development².

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