Nigeria, Sept. 29 -- The Group Chief Executive Officer of NNPC Limited, Bayo Ojulari, has explained why the company selected two Chinese firms, Sanjiang Chemical Company Limited and Xinganchen (Fuzhou) Industrial Park Operation and Management Co. Ltd, for a potential technical equity partnership to revive and operate Nigeria's Port Harcourt and Warri refineries.

Mr Ojulari said the selection followed a nine-month process during which NNPC considered more than 50 potential partners before narrowing the list to about 20.

He spoke on Tuesday while addressing journalists after the release of NNPC Limited's 2025 financial results at the NNPC Towers in Abuja.

His comments followed a question from a PREMIUM TIMES correspondent on why NNPC had...