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​​National Petroleum Investment Management Services (NAPIMS)

Website: ​http://napims.nnpcgroup.com/

Mission Statement

To enhance the benefits accruing to the Federation from its investments​ in the upstream petroleum industry through effective cost control and supervision of JV and PSC operations, as well as opening up new frontiers.
Current Operations (Mandate):
  • Efficient deployment of resources for low cost operation with a view to yielding optimum Revenue for Government assets.
  • Actualization of Government agenda in the operations of JV/PSC assets.
  • Spearheading introduction of new technology development in the industry and sharing of best practices.

​National Aspiration

  • Eliminate Gas flaring by year 2010
  • ​​Achieve an accelerated Monetization and commercialization of Gas resources.
  • To attain and sustain oil productivity level of 4.5million barrels per day by 2010. 
  • Achieve and maintain reserve base of 40 billion barrels by 2010 and generate as much revenue from Gas as from oil by 2010.
  • Maximize sector value and improve transparency in transactions.
  • Achieve 70% in Local Content by 2010.
  • Carry out major reforms to improve NAPIMS capability to manage government’s interest.​

Business Contact

Head Office: 8-10, Bayo Kuku Road, Ikoyi, Lagos.
Operational Office: 36, Gerald Road, Ikoyi, Lagos.
Gas Division: 1, Adeyemi Lawson, Ikoyi, Lagos.
Business Office: 30, Queen’s Drive, Ikoyi, Lagos.
Telephone: +234- 1-7901215, 2719028, 7901217​
Website: ​napims.nnpcgroup.com​​​​

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