Economics JAMB

The main function of NNPC is to?

A. oversee the development of the oil sector
B. develop the oil-producing area
C. fix the price of products
D. ensure regular supply of products

Correct Answer:

Option A – oversee the development of the oil sector

Explanation

NNPC has sole responsibility for upstream and downstream developments and is also charged with regulating and supervising the oil industry on behalf of the Nigerian Government.

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