ABSTRACT
Nigerian national petroluem corporation(NNPC) is the bedrock of
nigerian economy which definitely means it accounts for more than 70%
of nigerians growth domestic product(GDP) and as a matter of fact has
to be managed and its’ affaires directed towards achieving the utmost
prospects. With the unavoidable problems NNPC are going through
which has been hindering the production of petroluem products, resulting
to poor growth of Nigerian economy. When an organisation is doing
perfectely well or poorly, all eyes normally goes to the management team,
either for positive reasons or negative reasons. To utilise this medium in
determining how the management of NNPC has been cooping in a global
economic downfall; that is probably determining the problems facing
them and possible prospects achieved so far. This research paper is
concerned with the management of the Nigerian National Petroluem
Corporation which has resulted in persistent fuel scarcity and shortage
of petroleum products for the past years though, there has been an
improvement lately.
It examines the management objectives behind the
setting up of the NNPC in order to see how successful the corporation
has been in fulfilling them. It is argued that inspite of the problem and
constraints of NNPC, there are still very bright prospects for it’s proper
management and development. This will go a long way in promoting the
Nigerian economy.The study examines some options to ensure efficient
management of the corporation. To solve these identified problems, local
sourcing of raw materials, employment of trained personnel and skilled
manpower, as well as full utilization of government assistance aimed at
improving the management of the NNPC were recommended
