- Street / Area: Bayo Kuku Street
- City: Ikoyi, Lagos
- Country: Nigeria
- Phonenumber: +234-1-4739388
- Email: email@example.com
- Website: http://www.nigeriainsurers.org
- Government & Political parties: Ministries and Departments
- Divisions: Petroleum and Oil
- Listed: September 10, 2017 9:45 am
- Expires: 108 days, 19 hours
The National Petroleum Investment Management Services (NAPIMS) is a Corporate Services Unit (CSU) in the Exploration and Production (E&P) Directorate of the NNPC charged with the responsibility of managing Nigeria Government’s investment in the UpStream sector of the Oil and Gas industry.
Our objective is to enhance and maximize the margin accruing to the Nigerian Federal Government through effective supervision of the Joint Venture Companies (JVCs), Production Sharing Companies (PSCs) and Service Companies (SCs). We shall achieve our objective through adequate supervision of budgets and performance, as well as ranking of projects that give higher “returns on investment” to the Nigerian government. We also engage in direct exploration of the frontier and inland basins.
Vision:: To be a world-class portfolio manager of the Federal Government of Nigeria (FGN) investments in the Upstream Oil and Gas Sector.
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 the Joint Venture Contract (JV), Production Sharing Contract (PSC) and Service Contract (SC) Operations.
Organisational Structure:: NAPIMS is headed by a Group General Manager (GGM) who oversees the divisional General Managers (GMs) who are in charge of the Divisions, and report directly to the GGM. The GMs, in t urn, oversee the departmental Managers, while the Departments are further sub-divided into Sections that are headed by Deputy Managers who directly oversee the rest of the staff.
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