Government Companies of Nigeria are primarily in the core sector. Nigerian Government Companies are either wholly owned by the Government of Nigeria, or are in joint collaboration with some other organization. Government Nigerian companies earn substantial revenue for the Nigerian economy.
Government Oil and Gas companies of Nigeria
Government Oil and gas companies of Nigeria are the maximum revenue earners for the economy. The important oil and gas companies wholly or partially owned by the Nigerian government are:
- Nigerian National Petroleum Corporation (NNPC) – NNPC was set up as Nigerian National Oil Corporation in 1971. It is a commercial international organization engaged in exploration, refining, transportation and marketing of oil in Nigeria. NNPC is wholly owned by ht government of Nigeria.
- Shell Nigeria Exploration and Production Company (SNEPCO) – SNEPCO is a joint venture undertaking between Shell Nigeria and the Government for offshore oil exploration and production. SNEPCO was formed in 1993.
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Government Electrical Power Generation companies in Nigeria
- Government Electrical Power Generation companies in Nigeria include:
- National Electric Power Authority (NEPA) - NEPA is responsible for supply and production of electrical power in Nigeria. It also exports power to its neighboring countries. Nigeria has 5900 mega watt of power generating capacity.
- Nigeria Energy Commission – This commission has been entrusted with the job of providing electrical power to remote locations. The commission works in tandem with the Solar Energy Society.
Other Government Companies in Nigeria
Other important
Government companies in Nigeria are:
- Nigerian Coal Corporation
- Nigerian Mining Corporation
- Nigerian Foundries Limited
- Aluminium Smelting Company of Nigeria
- Aba Chamber of Commerce and Industries
- Abuja Chamber of Commerce and Industry
- Virgin Nigeria Airways Limited
- Nigerian Tourist Board
- Nigerian Security Printing & Mining Company Limited
- Nigerian Television Authority
