Ninety-six firms have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation (NNPC)’s downstream infrastructure.
The interests range from critical pipelines to depots and terminals which were expected to be handled through the Build, Operate and Transfer (BOT) financing model.
This was disclosed at a virtual public bid opening exercise which held at the NNPC Towers, Abuja for the pre-qualification of companies for the contract.
A statement by the NNPC spokesperson, Dr. Kennie Obateru on Thursday, said the public opening of the bids for the contract was in keeping with the commitment of the NNPC’s management to transparency and accountability in all its processes and transactions.