1971Event
Nigerian National Oil Corporation is created
The Nigerian National Oil Corporation was created as a state vehicle for commercial activity in the oil industry.
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1971
Nigerian National Oil Corporation is created
The Nigerian National Oil Corporation was created as a state vehicle for commercial activity in the oil industry.
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What happened
The Nigerian National Oil Corporation was created as a state vehicle for commercial activity in the oil industry. It was a step toward deeper federal participation in petroleum and a precursor to the later formation of NNPC.