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JAMB Economics 2011 Question 39

Question 39

Natural Resources and Petroleum

The main function of NNPC is to

  1. A.oversee the development of the oil sector
  2. B.develop the oil producing areas
  3. C.fix the prices of petroleum products
  4. D.ensure regular supply of products.
Show the answer and explanation

Answer: A (oversee the development of the oil sector)

Explanation

NNPC is the government corporation that manages and oversees Nigeria's oil and gas industry.