NNPC Moves to Recover N100bn Landed Property

He listed some of the recovered property to include: a 92-hectre parcel of land on Chevron Drive, Lekki, Lagos; Royal Grove Estate, Port-Harcourt, and others in Abuja and Kaduna. He said all the recovered property would be developed for the benefit of NNPC staff. Dr. Adeniran commended the Management of the NPL for developing the Third Party Home Ownership Scheme for staff with competitive interest rates from reliable banks and affordable deals from credible developers. In his keynote address, the Managing Director of the NNPC Properties Ltd, Arch. O. D. Sokari-George maintained that the company under his watch was determined to deliver quality and affordable houses with the best funding options for staff, but cautioned staff member against frivolous spending to be able to acquire house with ease. The Managing Director said he was committed to turning the NPL into a revenue generating Strategic Business Unit (SBU) of the NNPC. Source / More: NNPC oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook]]>

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