{"id":14718,"date":"2025-07-29T04:58:10","date_gmt":"2025-07-29T04:58:10","guid":{"rendered":"https:\/\/www.bpe.gov.ng\/newsite\/?page_id=14718"},"modified":"2026-09-15T10:25:16","modified_gmt":"2026-09-15T10:25:16","slug":"oil-gas-sector-reform","status":"publish","type":"page","link":"https:\/\/bpe.gov.ng\/staging\/oil-gas-sector-reform\/","title":{"rendered":"Oil &#038; Gas Sector Reform"},"content":{"rendered":"<div class=\"wpb-content-wrapper\" id=\"wpb-content-root\">[vc_row full_width=&#8221;stretch_row&#8221; full_height=&#8221;yes&#8221; pix_bg_grdient=&#8221;bg-gradient-primary&#8221; fade_in_opacity=&#8221;pix-opacity-1&#8243; b_divider_in_front=&#8221;true&#8221; pix_particles_check=&#8221;&#8221; pix_overlay_color=&#8221;gradient-primary&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1755093433972{padding-top: 40px !important;padding-bottom: 40px !important;}&#8221; pix_overlay_opacity=&#8221;0.85&#8243; fade_in_intro=&#8221;14995&#8243;][vc_column parallax=&#8221;content-moving-fade&#8221; parallax_speed_bg=&#8221;40&#8243; width=&#8221;2\/3&#8243; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1577165868853{padding-top: 100px !important;padding-bottom: 100px !important;}&#8221;]<div id=\"el1753753288006-4a6d466a-ba79\" class=\"mb-3 pix-sliding-text-element text-left  vc_custom_1753765085512\" style=\"--pix-sliding-overflow:hidden;\"><h1 class=\"mb-32 pix-sliding-headline-2 animate-in font-weight-bold secondary-font \" data-anim-type=\"pix-sliding-text\" data-class=\"secondary-font text-white\" style=\"\"><span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-white\" style=\"transition-delay: 0ms;\">Oil&#32;<\/span><\/span> <span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-white\" style=\"transition-delay: 150ms;\">&&#32;<\/span><\/span> <span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-white\" style=\"transition-delay: 300ms;\">Gas&#32;<\/span><\/span> <span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-white\" style=\"transition-delay: 450ms;\">Sector&#32;<\/span><\/span> <\/h1><\/div>[\/vc_column][vc_column width=&#8221;1\/3&#8243; pix_background_effect=&#8221;&#8221;][\/vc_column][\/vc_row][vc_section full_width=&#8221;stretch_row&#8221; pix_over_visibility=&#8221;&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1737524381940{padding-top: 40px !important;padding-bottom: 80px !important;background-color: #ffffff !important;}&#8221;][vc_row full_width=&#8221;stretch_row&#8221; pix_particles_check=&#8221;&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1577042313872{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 20px !important;padding-bottom: 20px !important;background-color: #ffffff !important;}&#8221;][vc_column width=&#8221;1\/2&#8243; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1734403389023{padding-top: 100px !important;}&#8221;]<div id=\"el1737286342781-526ad8ac-c006\" class=\"mb-3 pix-sliding-text-element text-left  vc_custom_1754561744003\" style=\"--pix-sliding-overflow:hidden;\"><h3 class=\"mb-32 pix-sliding-headline-2 animate-in font-weight-bold secondary-font \" data-anim-type=\"pix-sliding-text\" data-class=\"secondary-font text-gradient-primary\" style=\"\"><span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-gradient-primary\" style=\"transition-delay: 0ms;\">Background&#32;<\/span><\/span> <span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-gradient-primary\" style=\"transition-delay: 150ms;\">of&#32;<\/span><\/span> <span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-gradient-primary\" style=\"transition-delay: 300ms;\">the&#32;<\/span><\/span> <span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-gradient-primary\" style=\"transition-delay: 450ms;\">Oil&#32;<\/span><\/span> <span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-gradient-primary\" style=\"transition-delay: 600ms;\">&&#32;<\/span><\/span> <span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-gradient-primary\" style=\"transition-delay: 750ms;\">Gas&#32;<\/span><\/span> <span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-gradient-primary\" style=\"transition-delay: 900ms;\">Sector&#32;<\/span><\/span> <\/h3><\/div>[vc_column_text]This is a test for website training day 2.\r\n\r\nEleme Petrochemicals Company Limited (EPCL) was incorporated in 1988 as a wholly owned subsidiary of the Nigerian National Petroleum Corporation (NNPC), established to produce a wide range of petrochemical products from natural gas liquids. The plant, located near Port Harcourt, Rivers State, was a major component of Nigeria\u2019s industrial development vision for value addition to gas and oil resources.\r\n\r\nHowever, despite its strategic potential, EPCL was plagued by:\r\n<ul>\r\n \t<li>Persistent operational inefficiencies<\/li>\r\n \t<li>Inadequate funding and underinvestment<\/li>\r\n \t<li>Poor corporate governance<\/li>\r\n \t<li>Low capacity utilisation (as low as 30%)<\/li>\r\n \t<li>Frequent plant shutdowns<\/li>\r\n<\/ul>\r\nThese problems rendered Eleme Petrochemicals unprofitable and a burden on government finances.[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243; pix_particles_check=&#8221;1&#8243; pix_particles=&#8221;%5B%7B%22image%22%3A%22https%3A%2F%2Fessentials.pixfort.com%2Foriginal%2Fwp-content%2Fuploads%2Fsites%2F4%2F2019%2F12%2Floop-3.png%22%2C%22h_position%22%3A%22left%22%2C%22horizontal%22%3A%2215%25%22%2C%22v_position%22%3A%22top%22%2C%22vertical%22%3A%225%25%22%2C%22depth%22%3A%220.2%22%2C%22xaxis%22%3A%22100%22%2C%22yaxis%22%3A%220%22%2C%22rotation_speed%22%3A%22300%22%2C%22img_width%22%3A%2275%25%22%2C%22animation%22%3A%22fade-in%22%2C%22delay%22%3A%22500%22%2C%22pix_infinite_animation%22%3A%22pix-rotating-inverse%22%2C%22pix_infinite_speed%22%3A%22pix-duration-slow%22%7D%5D&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1753754746692{padding-top: 80px !important;}&#8221;]<div id=\"img-96b82238a272d84bcce7a8d849be1b65\" class=\"pix-img-element d-inline-block \"  ><div class=\"pix-bounce-sm pix-duration-slow\"><div class=\"animate-in d-inline-block\" data-anim-type=\"fade-in-left\" data-anim-delay=\"0\"><div class=\"pix-img-el    shadow-lg shadow-hover-lg text-center d-inline-block  w-100 rounded-xl\"  ><img loading=\"lazy\" decoding=\"async\" width=\"1400\" height=\"933\" src=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/petrolchemicals.jpg\" class=\"pix-img-elem rounded-xl\" alt=\"Image link\" srcset=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/petrolchemicals.jpg 1400w, https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/petrolchemicals-300x200.jpg 300w, https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/petrolchemicals-1024x682.jpg 1024w, https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/petrolchemicals-768x512.jpg 768w\" sizes=\"auto, (max-width: 1400px) 100vw, 1400px\" \/><\/div><\/div><\/div><\/div>[\/vc_column][\/vc_row][\/vc_section][vc_section full_width=&#8221;stretch_row&#8221; full_height=&#8221;yes&#8221; pix_over_visibility=&#8221;&#8221; bottom_divider_select=&#8221;24&#8243; b_2_color=&#8221;rgba(214,214,214,0.2)&#8221; b_3_color=&#8221;#81D74217&#8243; responsive_css=&#8221;{&#8220;pix_res_sm_pt&#8220;:&#8220;30&#8220;,&#8220;pix_res_sm_pb&#8220;:&#8220;30&#8220;,&#8220;pix_res_md_pt&#8220;:&#8220;60&#8220;,&#8220;pix_res_md_pb&#8220;:&#8220;60&#8220;}&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1755880547925{padding-top: 80px !important;padding-bottom: 80px !important;background-color: #f8f9fa !important;}&#8221; content_placement=&#8221;middle&#8221;][vc_row content_placement=&#8221;middle&#8221; pix_particles_check=&#8221;&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1753756522320{padding-right: 100px !important;padding-left: 100px !important;}&#8221;][vc_column pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1592348346180{padding-top: 30px !important;padding-bottom: 30px !important;}&#8221;]<div  class=\"pix-heading-el text-center  vc_custom_1754561814740\"><h3 class=\"text-heading-default font-weight-bold h3 animate-in heading-text el-title_custom_color mb-12\" style=\"\" data-anim-type=\"fade-in-up\" data-anim-delay=\"200\">The Privatisation Process<\/h3><\/div><div class=\"pix-el-text w-100 text-center  vc_custom_1754561856588\" ><div class=\"d-inline-block\" style=\"max-width:650px;\"><p class=\"text-sm  text-body-default text-center \" ><span class=\"text-body-default animate-in d-inline-block\" data-anim-delay=\"600\" data-anim-type=\"fade-in-up\">In line with Nigeria\u2019s economic reform agenda and guided by the Bureau of Public Enterprises (BPE), the National Council on Privatisation (NCP) approved the core investor sale of EPCL.<\/span><\/p><\/div><\/div><div class=\"pix-content-box card vc_custom_1648584446150 custom-3df6cf53aceaa39d968fa665ca44d25e   rounded-10 shadow-sm shadow-hover-sm fly-sm animate-in w-100\" data-anim-type=\"pix-3d-down-in\" data-anim-delay=\"0\"><div  style=\"z-index:30;position:relative;\"><div id=\"pix-feature-1753756495726-2a2dde0b-6c8f\" class=\"pix-feature-el  text-left  \"><h5 class=\"pix-feature-title  font-weight-bold   text-heading-default animate-in\" style=\"\" data-anim-type=\"fade-in-up\" data-anim-delay=\"700\">\u2022 In 2006, Indorama Group, a global manufacturing conglomerate headquartered in Indonesia, emerged as the core investor, acquiring 75% equity in EPCL.<\/h5><div class=\"pix-feature-content text-text-gray text-sm     animate-in\" style=\"padding-top:5px;\" data-anim-type=\"fade-in-up\" data-anim-delay=\"800\"><\/div><\/div><\/div><\/div><div class=\"pix-content-box card vc_custom_1644536062103    rounded-10 shadow-sm shadow-hover-sm fly-sm animate-in w-100\" data-anim-type=\"pix-3d-down-in\" data-anim-delay=\"300\"><div  style=\"z-index:30;position:relative;\"><div id=\"pix-feature-1753756495780-6b7a0557-f661\" class=\"pix-feature-el  text-left  \"><h5 class=\"pix-feature-title  font-weight-bold   text-heading-default animate-in\" style=\"\" data-anim-type=\"fade-in-up\" data-anim-delay=\"700\">\u2022 The Federal Government retained 15%, and 10% was reserved for the host community and staff.<\/h5><div class=\"pix-feature-content text-text-gray text-sm     animate-in\" style=\"padding-top:5px;\" data-anim-type=\"fade-in-up\" data-anim-delay=\"800\"><\/div><\/div><\/div><\/div><div class=\"pix-content-box card vc_custom_1644536072067    rounded-10 shadow-sm shadow-hover-sm fly-sm animate-in w-100\" data-anim-type=\"pix-3d-down-in\" data-anim-delay=\"600\"><div  style=\"z-index:30;position:relative;\"><div id=\"pix-feature-1753756495836-168779ba-a051\" class=\"pix-feature-el  text-left  \"><h6 class=\"pix-feature-title  font-weight-bold   text-heading-default animate-in\" style=\"\" data-anim-type=\"fade-in-up\" data-anim-delay=\"700\"><\/h6><div class=\"pix-feature-content text-body-default text-sm     animate-in\" style=\"padding-top:5px;\" data-anim-type=\"fade-in-up\" data-anim-delay=\"800\">The transaction was valued at approximately $225 million, and it was completed with significant transparency and due diligence.<\/div><\/div><\/div><\/div><div  class=\"pix-heading-el text-center  vc_custom_1756857688031\"><h3 class=\"text-heading-default font-weight-bold h3 animate-in heading-text el-title_custom_color mb-12\" style=\"\" data-anim-type=\"fade-in-up\" data-anim-delay=\"200\">Transactions<\/h3><\/div><div class=\"pixfort-swiper position-relative   \"><div class=\"position-relative\"><div class=\"swiper  pix-style-standard pix-effect-standard \" data-swiper='{\"loop\":true,\"is_thumbnails\":false,\"has_thumbnails\":false,\"slidesPerView\":1,\"slidesPerGroup\":1,\"autoHeight\":true,\"centeredSlides\":true,\"duplicatedItems\":true,\"itemsCount\":8,\"autoplay\":false,\"pagination\":{\"enabled\":true,\"clickable\":true,\"dynamicBullets\":false},\"navigation\":{\"enabled\":true},\"freeMode\":false,\"edgeTransitionParams\":{\"transitionZone\":1,\"slider_style\":\"pix-style-standard\",\"slider_effect\":\"pix-effect-standard\",\"slider_inactive_scale\":false,\"dragScale\":false},\"breakpoints\":{\"767\":{\"slidesPerView\":3},\"1024\":{\"slidesPerView\":3}}}'  data-slides-desktop=\"3\" data-slides-tablet=\"3\" data-slides-mobile=\"1\" ><div class=\"swiper-wrapper\"><div class=\"swiper-slide\" data-pixfort-slide-index=\"0\"><div class=\"pixfort-slide-inner pix-p-10 \"><div class=\"card pix-base-background rounded-lg overflow-hidden shadow fly-sm w-100 animate-in\" data-anim-type=\"fade-in\" data-anim-delay=\"200\"><a href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/focus-oil-gas-ltd\/\"><img decoding=\"async\" width=\"396\" height=\"450\" src=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2026\/09\/Screenshot-2026-04-28-105512-1-396x450.png\" class=\"card-img img-fluid card-img-top rounded-0\" alt=\"Focus Oil &#038; Gas Ltd\" loading=\"lazy\" style=\"height:225px !important;width:100%;object-fit: cover;\" \/><\/a><div class=\"pix-p-20\"><div class=\"d-flex\"><div class=\"align-self-center card-content-box\"><a class=\"text-heading-default\" href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/focus-oil-gas-ltd\/\"><h6 class=\"card-title mb-1 secondary-font\"><strong>Focus Oil &#038; Gas Ltd<\/strong><\/h6><\/a><\/div><\/div><div class=\"card-footer text-right d-flex align-items-end2 px-0 py-1 w-100 bg-transparent\" style=\"line-height:0;\"><div class=\"flex-fill text-left pix-badges-list\"><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/oil-gas\/\"><span 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data-ajax-url=\"https:\/\/bpe.gov.ng\/staging\/wp-admin\/admin-ajax.php\"><span class=\"pixfort-likes-small d-flex align-items-center justify-content-center text-right text-xs text-body-default \"><span class=\"pixfort-likes-icon d-inline-block pix-pr-5\"><svg height=\"16\" viewBox=\"0 0 18 16\" width=\"18\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"m.22464899 6.06896552c1.01092043 3.75172414 5.64430577 7.53103448 8.42433697 9.79310348.11232449.0827586.22464899.137931.3650546.137931.14040562 0 .25273011-.0551724.3650546-.137931 4.85803434-4 7.60998444-7.17241383 8.39625584-9.73793107.0561623-.19310345.1123245-.4137931.1684868-.63448276v-.08275862c.0280811-.22068965.0561622-.44137931.0561622-.63448276v-.0275862-.02758621c0-2.59310345-2.1341654-4.68965517-4.773791-4.68965517-1.6848673 0-3.28549137.85517241-4.21216844 2.12413793-.95475819-1.29655173-2.55538221-2.15172414-4.24024961-2.15172414-2.58346334 0-4.66146646 1.95862069-4.77379095 4.49655172v.08275862.05517242.05517241c0 .46896552.08424337.96551724.22464899 1.37931035zm1.35035101-1.21735262v-.02580645c.05294118-1.83225806 1.56176471-3.27741935 3.44117647-3.27741935 1.50882353 0 2.93823529.9032258 3.44117647 2.16774193.05294118.20645162.21176471.36129032.42352941.41290323.26470589.0516129.50294118-.10322581.58235294-.33548387.50294118-1.29032258 1.98529411-2.24516129 3.49411761-2.24516129 1.9058824 0 3.4411765 1.49677419 3.4411765 3.35483871v.0516129c0 .15483871-.0264706.30967742-.0529412.46451613v.0516129c-.0264706.15483871-.0794117.33548387-.1058823.49032258-.6617647 2.09032258-3.0970588 4.90322578-7.25294119 8.33548388-2.54117647-2.0645161-6.43235295-5.31612904-7.25294118-8.38709678-.10588235-.33548387-.15882353-.67096774-.15882353-1.00645161 0 0 0-.02580646 0-.05161291z\" fill=\"currentColor\"\/><\/svg><\/span><span class=\"pixfort-likes-count align-middle font-weight-bold\" data-count=\"3\">-<\/span><\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"swiper-slide\" data-pixfort-slide-index=\"2\"><div class=\"pixfort-slide-inner pix-p-10 \"><div class=\"card pix-base-background rounded-lg overflow-hidden shadow fly-sm w-100 animate-in\" data-anim-type=\"fade-in\" data-anim-delay=\"200\"><a href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/dangote-refinery\/\"><img decoding=\"async\" width=\"600\" height=\"450\" src=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2026\/09\/oilg-600x450.jpeg\" class=\"card-img img-fluid card-img-top rounded-0\" alt=\"Dangote Refinery\" loading=\"lazy\" style=\"height:225px !important;width:100%;object-fit: cover;\" srcset=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2026\/09\/oilg-600x450.jpeg 600w, https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2026\/09\/oilg-400x300.jpeg 400w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><div class=\"pix-p-20\"><div class=\"d-flex\"><div class=\"align-self-center card-content-box\"><a class=\"text-heading-default\" href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/dangote-refinery\/\"><h6 class=\"card-title mb-1 secondary-font\"><strong>Dangote Refinery<\/strong><\/h6><\/a><\/div><\/div><div class=\"card-footer text-right d-flex align-items-end2 px-0 py-1 w-100 bg-transparent\" style=\"line-height:0;\"><div class=\"flex-fill text-left pix-badges-list\"><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/oil-gas\/\"><span class=\"pix-badge-element custom d-inline-flex mr-1 \"  ><span class=\"badge font-weight-bold  bg-primary-light   \" style=\"font-size:14px; padding:5px 10px;line-height:14px;\"><span class=\"text-primary\" style=\"\">Oil &amp; Gas<\/span><\/span><\/span><\/a><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/on-going\/\"><span class=\"pix-badge-element custom d-inline-flex mr-1 \"  ><span class=\"badge font-weight-bold  bg-primary-light   \" style=\"font-size:14px; padding:5px 10px;line-height:14px;\"><span class=\"text-primary\" style=\"\">On-Going<\/span><\/span><\/span><\/a><\/div><div class=\"flex-fill justify-content-end d-flex align-items-center text-right\"><a href=\"#\" class=\"d-inline-block position-relative text-xs align-items-center pixfort-likes\" id=\"pixfort-likes-17035\" title=\"Like this\" data-ajax-url=\"https:\/\/bpe.gov.ng\/staging\/wp-admin\/admin-ajax.php\"><span class=\"pixfort-likes-small d-flex align-items-center justify-content-center text-right text-xs text-body-default \"><span class=\"pixfort-likes-icon d-inline-block pix-pr-5\"><svg height=\"16\" viewBox=\"0 0 18 16\" width=\"18\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"m.22464899 6.06896552c1.01092043 3.75172414 5.64430577 7.53103448 8.42433697 9.79310348.11232449.0827586.22464899.137931.3650546.137931.14040562 0 .25273011-.0551724.3650546-.137931 4.85803434-4 7.60998444-7.17241383 8.39625584-9.73793107.0561623-.19310345.1123245-.4137931.1684868-.63448276v-.08275862c.0280811-.22068965.0561622-.44137931.0561622-.63448276v-.0275862-.02758621c0-2.59310345-2.1341654-4.68965517-4.773791-4.68965517-1.6848673 0-3.28549137.85517241-4.21216844 2.12413793-.95475819-1.29655173-2.55538221-2.15172414-4.24024961-2.15172414-2.58346334 0-4.66146646 1.95862069-4.77379095 4.49655172v.08275862.05517242.05517241c0 .46896552.08424337.96551724.22464899 1.37931035zm1.35035101-1.21735262v-.02580645c.05294118-1.83225806 1.56176471-3.27741935 3.44117647-3.27741935 1.50882353 0 2.93823529.9032258 3.44117647 2.16774193.05294118.20645162.21176471.36129032.42352941.41290323.26470589.0516129.50294118-.10322581.58235294-.33548387.50294118-1.29032258 1.98529411-2.24516129 3.49411761-2.24516129 1.9058824 0 3.4411765 1.49677419 3.4411765 3.35483871v.0516129c0 .15483871-.0264706.30967742-.0529412.46451613v.0516129c-.0264706.15483871-.0794117.33548387-.1058823.49032258-.6617647 2.09032258-3.0970588 4.90322578-7.25294119 8.33548388-2.54117647-2.0645161-6.43235295-5.31612904-7.25294118-8.38709678-.10588235-.33548387-.15882353-.67096774-.15882353-1.00645161 0 0 0-.02580646 0-.05161291z\" fill=\"currentColor\"\/><\/svg><\/span><span class=\"pixfort-likes-count align-middle font-weight-bold\" data-count=\"3\">-<\/span><\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"swiper-slide\" data-pixfort-slide-index=\"3\"><div class=\"pixfort-slide-inner pix-p-10 \"><div class=\"card pix-base-background rounded-lg overflow-hidden shadow fly-sm w-100 animate-in\" data-anim-type=\"fade-in\" data-anim-delay=\"200\"><a href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/eleme-petrochemicals-company-limited-epcl\/\"><img decoding=\"async\" width=\"600\" height=\"450\" src=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2020\/05\/petro-chemical-bpe-600x450.jpg\" class=\"card-img img-fluid card-img-top rounded-0\" alt=\"Eleme Petrochemicals Company Limited (EPCL)\" loading=\"lazy\" style=\"height:225px !important;width:100%;object-fit: cover;\" \/><\/a><div class=\"pix-p-20\"><div class=\"d-flex\"><div class=\"align-self-center card-content-box\"><a class=\"text-heading-default\" href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/eleme-petrochemicals-company-limited-epcl\/\"><h6 class=\"card-title mb-1 secondary-font\"><strong>Eleme Petrochemicals Company Limited (EPCL)<\/strong><\/h6><\/a><\/div><\/div><div class=\"card-footer text-right d-flex align-items-end2 px-0 py-1 w-100 bg-transparent\" style=\"line-height:0;\"><div class=\"flex-fill text-left pix-badges-list\"><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/oil-gas\/\"><span class=\"pix-badge-element custom d-inline-flex mr-1 \"  ><span class=\"badge font-weight-bold  bg-primary-light   \" style=\"font-size:14px; padding:5px 10px;line-height:14px;\"><span class=\"text-primary\" style=\"\">Oil &amp; Gas<\/span><\/span><\/span><\/a><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/completed\/\"><span class=\"pix-badge-element custom d-inline-flex mr-1 \"  ><span class=\"badge font-weight-bold  bg-primary-light   \" style=\"font-size:14px; padding:5px 10px;line-height:14px;\"><span class=\"text-primary\" style=\"\">Completed<\/span><\/span><\/span><\/a><\/div><div class=\"flex-fill justify-content-end d-flex align-items-center text-right\"><a href=\"#\" class=\"d-inline-block position-relative text-xs align-items-center pixfort-likes\" id=\"pixfort-likes-3459\" title=\"Like this\" data-ajax-url=\"https:\/\/bpe.gov.ng\/staging\/wp-admin\/admin-ajax.php\"><span class=\"pixfort-likes-small d-flex align-items-center justify-content-center text-right text-xs text-body-default \"><span class=\"pixfort-likes-icon d-inline-block pix-pr-5\"><svg height=\"16\" viewBox=\"0 0 18 16\" width=\"18\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"m.22464899 6.06896552c1.01092043 3.75172414 5.64430577 7.53103448 8.42433697 9.79310348.11232449.0827586.22464899.137931.3650546.137931.14040562 0 .25273011-.0551724.3650546-.137931 4.85803434-4 7.60998444-7.17241383 8.39625584-9.73793107.0561623-.19310345.1123245-.4137931.1684868-.63448276v-.08275862c.0280811-.22068965.0561622-.44137931.0561622-.63448276v-.0275862-.02758621c0-2.59310345-2.1341654-4.68965517-4.773791-4.68965517-1.6848673 0-3.28549137.85517241-4.21216844 2.12413793-.95475819-1.29655173-2.55538221-2.15172414-4.24024961-2.15172414-2.58346334 0-4.66146646 1.95862069-4.77379095 4.49655172v.08275862.05517242.05517241c0 .46896552.08424337.96551724.22464899 1.37931035zm1.35035101-1.21735262v-.02580645c.05294118-1.83225806 1.56176471-3.27741935 3.44117647-3.27741935 1.50882353 0 2.93823529.9032258 3.44117647 2.16774193.05294118.20645162.21176471.36129032.42352941.41290323.26470589.0516129.50294118-.10322581.58235294-.33548387.50294118-1.29032258 1.98529411-2.24516129 3.49411761-2.24516129 1.9058824 0 3.4411765 1.49677419 3.4411765 3.35483871v.0516129c0 .15483871-.0264706.30967742-.0529412.46451613v.0516129c-.0264706.15483871-.0794117.33548387-.1058823.49032258-.6617647 2.09032258-3.0970588 4.90322578-7.25294119 8.33548388-2.54117647-2.0645161-6.43235295-5.31612904-7.25294118-8.38709678-.10588235-.33548387-.15882353-.67096774-.15882353-1.00645161 0 0 0-.02580646 0-.05161291z\" fill=\"currentColor\"\/><\/svg><\/span><span class=\"pixfort-likes-count align-middle font-weight-bold\" data-count=\"3\">-<\/span><\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"swiper-slide\" data-pixfort-slide-index=\"4\"><div class=\"pixfort-slide-inner pix-p-10 \"><div class=\"card pix-base-background rounded-lg overflow-hidden shadow fly-sm w-100 animate-in\" data-anim-type=\"fade-in\" data-anim-delay=\"200\"><a href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/focus-oil-gas-ltd\/\"><img decoding=\"async\" width=\"396\" height=\"450\" src=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2026\/09\/Screenshot-2026-04-28-105512-1-396x450.png\" class=\"card-img img-fluid card-img-top rounded-0\" alt=\"Focus Oil &#038; Gas Ltd\" loading=\"lazy\" style=\"height:225px !important;width:100%;object-fit: cover;\" \/><\/a><div class=\"pix-p-20\"><div class=\"d-flex\"><div class=\"align-self-center card-content-box\"><a class=\"text-heading-default\" href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/focus-oil-gas-ltd\/\"><h6 class=\"card-title mb-1 secondary-font\"><strong>Focus Oil &#038; Gas Ltd<\/strong><\/h6><\/a><\/div><\/div><div class=\"card-footer text-right d-flex align-items-end2 px-0 py-1 w-100 bg-transparent\" style=\"line-height:0;\"><div class=\"flex-fill text-left pix-badges-list\"><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/oil-gas\/\"><span class=\"pix-badge-element custom d-inline-flex mr-1 \"  ><span class=\"badge font-weight-bold  bg-primary-light   \" style=\"font-size:14px; padding:5px 10px;line-height:14px;\"><span class=\"text-primary\" style=\"\">Oil &amp; Gas<\/span><\/span><\/span><\/a><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/on-going\/\"><span class=\"pix-badge-element custom d-inline-flex mr-1 \"  ><span class=\"badge font-weight-bold  bg-primary-light   \" style=\"font-size:14px; padding:5px 10px;line-height:14px;\"><span class=\"text-primary\" style=\"\">On-Going<\/span><\/span><\/span><\/a><\/div><div class=\"flex-fill justify-content-end d-flex align-items-center text-right\"><a href=\"#\" class=\"d-inline-block position-relative text-xs align-items-center pixfort-likes\" id=\"pixfort-likes-17082\" title=\"Like this\" data-ajax-url=\"https:\/\/bpe.gov.ng\/staging\/wp-admin\/admin-ajax.php\"><span class=\"pixfort-likes-small d-flex align-items-center justify-content-center text-right text-xs text-body-default \"><span class=\"pixfort-likes-icon d-inline-block pix-pr-5\"><svg height=\"16\" viewBox=\"0 0 18 16\" width=\"18\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"m.22464899 6.06896552c1.01092043 3.75172414 5.64430577 7.53103448 8.42433697 9.79310348.11232449.0827586.22464899.137931.3650546.137931.14040562 0 .25273011-.0551724.3650546-.137931 4.85803434-4 7.60998444-7.17241383 8.39625584-9.73793107.0561623-.19310345.1123245-.4137931.1684868-.63448276v-.08275862c.0280811-.22068965.0561622-.44137931.0561622-.63448276v-.0275862-.02758621c0-2.59310345-2.1341654-4.68965517-4.773791-4.68965517-1.6848673 0-3.28549137.85517241-4.21216844 2.12413793-.95475819-1.29655173-2.55538221-2.15172414-4.24024961-2.15172414-2.58346334 0-4.66146646 1.95862069-4.77379095 4.49655172v.08275862.05517242.05517241c0 .46896552.08424337.96551724.22464899 1.37931035zm1.35035101-1.21735262v-.02580645c.05294118-1.83225806 1.56176471-3.27741935 3.44117647-3.27741935 1.50882353 0 2.93823529.9032258 3.44117647 2.16774193.05294118.20645162.21176471.36129032.42352941.41290323.26470589.0516129.50294118-.10322581.58235294-.33548387.50294118-1.29032258 1.98529411-2.24516129 3.49411761-2.24516129 1.9058824 0 3.4411765 1.49677419 3.4411765 3.35483871v.0516129c0 .15483871-.0264706.30967742-.0529412.46451613v.0516129c-.0264706.15483871-.0794117.33548387-.1058823.49032258-.6617647 2.09032258-3.0970588 4.90322578-7.25294119 8.33548388-2.54117647-2.0645161-6.43235295-5.31612904-7.25294118-8.38709678-.10588235-.33548387-.15882353-.67096774-.15882353-1.00645161 0 0 0-.02580646 0-.05161291z\" fill=\"currentColor\"\/><\/svg><\/span><span class=\"pixfort-likes-count align-middle font-weight-bold\" data-count=\"3\">-<\/span><\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"swiper-slide\" data-pixfort-slide-index=\"5\"><div class=\"pixfort-slide-inner pix-p-10 \"><div class=\"card pix-base-background rounded-lg overflow-hidden shadow fly-sm w-100 animate-in\" data-anim-type=\"fade-in\" data-anim-delay=\"200\"><a href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/website-training\/\"><img decoding=\"async\" width=\"600\" height=\"369\" src=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2026\/09\/2-600x369.png\" class=\"card-img img-fluid card-img-top rounded-0\" alt=\"Web Training Transaction\" loading=\"lazy\" style=\"height:225px !important;width:100%;object-fit: cover;\" \/><\/a><div class=\"pix-p-20\"><div class=\"d-flex\"><div class=\"align-self-center card-content-box\"><a class=\"text-heading-default\" href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/website-training\/\"><h6 class=\"card-title mb-1 secondary-font\"><strong>Web Training Transaction<\/strong><\/h6><\/a><\/div><\/div><div class=\"card-footer text-right d-flex align-items-end2 px-0 py-1 w-100 bg-transparent\" style=\"line-height:0;\"><div class=\"flex-fill text-left pix-badges-list\"><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/oil-gas\/\"><span class=\"pix-badge-element custom d-inline-flex mr-1 \"  ><span class=\"badge font-weight-bold  bg-primary-light   \" style=\"font-size:14px; padding:5px 10px;line-height:14px;\"><span class=\"text-primary\" style=\"\">Oil &amp; Gas<\/span><\/span><\/span><\/a><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/on-going\/\"><span class=\"pix-badge-element custom d-inline-flex mr-1 \"  ><span class=\"badge font-weight-bold  bg-primary-light   \" style=\"font-size:14px; padding:5px 10px;line-height:14px;\"><span class=\"text-primary\" style=\"\">On-Going<\/span><\/span><\/span><\/a><\/div><div class=\"flex-fill justify-content-end d-flex align-items-center text-right\"><a href=\"#\" class=\"d-inline-block position-relative text-xs align-items-center pixfort-likes\" id=\"pixfort-likes-17041\" title=\"Like this\" data-ajax-url=\"https:\/\/bpe.gov.ng\/staging\/wp-admin\/admin-ajax.php\"><span class=\"pixfort-likes-small d-flex align-items-center justify-content-center text-right text-xs text-body-default \"><span class=\"pixfort-likes-icon d-inline-block pix-pr-5\"><svg height=\"16\" viewBox=\"0 0 18 16\" width=\"18\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"m.22464899 6.06896552c1.01092043 3.75172414 5.64430577 7.53103448 8.42433697 9.79310348.11232449.0827586.22464899.137931.3650546.137931.14040562 0 .25273011-.0551724.3650546-.137931 4.85803434-4 7.60998444-7.17241383 8.39625584-9.73793107.0561623-.19310345.1123245-.4137931.1684868-.63448276v-.08275862c.0280811-.22068965.0561622-.44137931.0561622-.63448276v-.0275862-.02758621c0-2.59310345-2.1341654-4.68965517-4.773791-4.68965517-1.6848673 0-3.28549137.85517241-4.21216844 2.12413793-.95475819-1.29655173-2.55538221-2.15172414-4.24024961-2.15172414-2.58346334 0-4.66146646 1.95862069-4.77379095 4.49655172v.08275862.05517242.05517241c0 .46896552.08424337.96551724.22464899 1.37931035zm1.35035101-1.21735262v-.02580645c.05294118-1.83225806 1.56176471-3.27741935 3.44117647-3.27741935 1.50882353 0 2.93823529.9032258 3.44117647 2.16774193.05294118.20645162.21176471.36129032.42352941.41290323.26470589.0516129.50294118-.10322581.58235294-.33548387.50294118-1.29032258 1.98529411-2.24516129 3.49411761-2.24516129 1.9058824 0 3.4411765 1.49677419 3.4411765 3.35483871v.0516129c0 .15483871-.0264706.30967742-.0529412.46451613v.0516129c-.0264706.15483871-.0794117.33548387-.1058823.49032258-.6617647 2.09032258-3.0970588 4.90322578-7.25294119 8.33548388-2.54117647-2.0645161-6.43235295-5.31612904-7.25294118-8.38709678-.10588235-.33548387-.15882353-.67096774-.15882353-1.00645161 0 0 0-.02580646 0-.05161291z\" fill=\"currentColor\"\/><\/svg><\/span><span class=\"pixfort-likes-count align-middle font-weight-bold\" data-count=\"3\">-<\/span><\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"swiper-slide\" data-pixfort-slide-index=\"6\"><div class=\"pixfort-slide-inner pix-p-10 \"><div class=\"card pix-base-background rounded-lg overflow-hidden shadow fly-sm w-100 animate-in\" data-anim-type=\"fade-in\" data-anim-delay=\"200\"><a href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/dangote-refinery\/\"><img decoding=\"async\" width=\"600\" height=\"450\" src=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2026\/09\/oilg-600x450.jpeg\" class=\"card-img img-fluid card-img-top rounded-0\" alt=\"Dangote Refinery\" loading=\"lazy\" style=\"height:225px !important;width:100%;object-fit: cover;\" srcset=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2026\/09\/oilg-600x450.jpeg 600w, https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2026\/09\/oilg-400x300.jpeg 400w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/a><div class=\"pix-p-20\"><div class=\"d-flex\"><div class=\"align-self-center card-content-box\"><a class=\"text-heading-default\" href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/dangote-refinery\/\"><h6 class=\"card-title mb-1 secondary-font\"><strong>Dangote 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0-3.28549137.85517241-4.21216844 2.12413793-.95475819-1.29655173-2.55538221-2.15172414-4.24024961-2.15172414-2.58346334 0-4.66146646 1.95862069-4.77379095 4.49655172v.08275862.05517242.05517241c0 .46896552.08424337.96551724.22464899 1.37931035zm1.35035101-1.21735262v-.02580645c.05294118-1.83225806 1.56176471-3.27741935 3.44117647-3.27741935 1.50882353 0 2.93823529.9032258 3.44117647 2.16774193.05294118.20645162.21176471.36129032.42352941.41290323.26470589.0516129.50294118-.10322581.58235294-.33548387.50294118-1.29032258 1.98529411-2.24516129 3.49411761-2.24516129 1.9058824 0 3.4411765 1.49677419 3.4411765 3.35483871v.0516129c0 .15483871-.0264706.30967742-.0529412.46451613v.0516129c-.0264706.15483871-.0794117.33548387-.1058823.49032258-.6617647 2.09032258-3.0970588 4.90322578-7.25294119 8.33548388-2.54117647-2.0645161-6.43235295-5.31612904-7.25294118-8.38709678-.10588235-.33548387-.15882353-.67096774-.15882353-1.00645161 0 0 0-.02580646 0-.05161291z\" fill=\"currentColor\"\/><\/svg><\/span><span class=\"pixfort-likes-count align-middle font-weight-bold\" data-count=\"3\">-<\/span><\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"swiper-slide\" data-pixfort-slide-index=\"7\"><div class=\"pixfort-slide-inner pix-p-10 \"><div class=\"card pix-base-background rounded-lg overflow-hidden shadow fly-sm w-100 animate-in\" data-anim-type=\"fade-in\" data-anim-delay=\"200\"><a href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/eleme-petrochemicals-company-limited-epcl\/\"><img decoding=\"async\" width=\"600\" height=\"450\" src=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2020\/05\/petro-chemical-bpe-600x450.jpg\" class=\"card-img img-fluid card-img-top rounded-0\" alt=\"Eleme Petrochemicals Company Limited (EPCL)\" loading=\"lazy\" style=\"height:225px !important;width:100%;object-fit: cover;\" \/><\/a><div class=\"pix-p-20\"><div class=\"d-flex\"><div class=\"align-self-center card-content-box\"><a class=\"text-heading-default\" href=\"https:\/\/bpe.gov.ng\/staging\/transaction\/eleme-petrochemicals-company-limited-epcl\/\"><h6 class=\"card-title mb-1 secondary-font\"><strong>Eleme Petrochemicals Company Limited (EPCL)<\/strong><\/h6><\/a><\/div><\/div><div class=\"card-footer text-right d-flex align-items-end2 px-0 py-1 w-100 bg-transparent\" style=\"line-height:0;\"><div class=\"flex-fill text-left pix-badges-list\"><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/oil-gas\/\"><span class=\"pix-badge-element custom d-inline-flex mr-1 \"  ><span class=\"badge font-weight-bold  bg-primary-light   \" style=\"font-size:14px; padding:5px 10px;line-height:14px;\"><span class=\"text-primary\" style=\"\">Oil &amp; Gas<\/span><\/span><\/span><\/a><a class=\"d-inline-block\" href=\"https:\/\/bpe.gov.ng\/staging\/portfolio-types\/completed\/\"><span class=\"pix-badge-element custom d-inline-flex mr-1 \"  ><span class=\"badge font-weight-bold  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4.90322578-7.25294119 8.33548388-2.54117647-2.0645161-6.43235295-5.31612904-7.25294118-8.38709678-.10588235-.33548387-.15882353-.67096774-.15882353-1.00645161 0 0 0-.02580646 0-.05161291z\" fill=\"currentColor\"\/><\/svg><\/span><span class=\"pixfort-likes-count align-middle font-weight-bold\" data-count=\"3\">-<\/span><\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"pixfort-button-prev \"><svg width=\"26\" height=\"26\" class=\"pixfort-slider-navigation-icon\" viewBox=\"0 0 100 100\"><path d=\"M83.7718595,45.4606514 L31.388145,45.4606514 L54.2737785,23.1973134 C56.1027533,21.4180712 56.1027533,18.4982892 54.2737785,16.719047 C52.4448037,14.9398048 49.4903059,14.9398048 47.6613311,16.719047 L16.7563465,46.7836776 C14.9273717,48.5629198 14.9273717,51.4370802 16.7563465,53.2163224 L47.6613311,83.280953 C49.4903059,85.0601952 52.4448037,85.0601952 54.2737785,83.280953 C56.1027533,81.5017108 56.1027533,78.6275504 54.2737785,76.8483082 L31.388145,54.5849702 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transform=\"translate(100, 100) rotate(180) \"><\/path><\/svg><\/div><\/div><div class=\"pixfort-slider-pagination-container\"><div class=\"pixfort-slider-pagination\"><\/div><\/div><\/div>[\/vc_column][\/vc_row][\/vc_section][vc_section full_width=&#8221;stretch_row&#8221; pix_over_visibility=&#8221;&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1753760523577{padding-top: 80px !important;padding-bottom: 80px !important;background-color: #f8f9fa !important;}&#8221;][vc_row pix_particles_check=&#8221;&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1591855310794{padding-bottom: 40px !important;}&#8221;][vc_column pix_background_effect=&#8221;&#8221;]<div id=\"el1753757695738-7b9c3cd0-b3d8\" class=\"mb-3 pix-sliding-text-element text-center \" style=\"--pix-sliding-overflow:hidden;\"><div class=\"d-inline-block\" style=\"max-width:650px;\"><h3 class=\"mb-32 pix-sliding-headline-2 animate-in font-weight-bold secondary-font \" data-anim-type=\"pix-sliding-text\" data-class=\"secondary-font text-gradient-primary\" style=\"\"><span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-gradient-primary\" style=\"transition-delay: 0ms;\">Post-Privatisation&#32;<\/span><\/span> <span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-gradient-primary\" style=\"transition-delay: 150ms;\">Transformation&#32;<\/span><\/span> <\/h3><\/div><\/div>[\/vc_column][\/vc_row][vc_row pix_particles_check=&#8221;&#8221; pix_background_effect=&#8221;&#8221;][vc_column pix_background_effect=&#8221;&#8221; offset=&#8221;vc_col-md-offset-1 vc_col-md-10&#8243;]<div class=\"pix-el-text w-100  \" ><p class=\"text-sm m-0 text-body-default  \" ><span class=\"text-body-default animate-in d-inline-block\" data-anim-delay=\"1000\" data-anim-type=\"fade-in-up\">Following its acquisition, the company was renamed <strong>Indorama Eleme Petrochemicals Company Limited (IEPL)<\/strong>. The transformation was both swift and remarkable:\r\n<ol>\r\n \t<li><strong>Operational Excellence<\/strong>\r\n<ul>\r\n \t<li>Capacity utilisation rose from less than 30% to over 95%<\/li>\r\n \t<li>The plant was successfully rehabilitated and expanded<\/li>\r\n \t<li>Use of modern management and technical practices significantly improved productivity and efficiency<\/li>\r\n<\/ul>\r\n<\/li>\r\n \t<li><strong>Investment and Expansion<\/strong>\r\n<ul>\r\n \t<li>Indorama invested over $1.5 billion in upgrading the existing plant and developing new industrial facilities<\/li>\r\n \t<li>Commissioned fertiliser plants, polyolefin plants, and a gas pipeline system, making the site a fully integrated petrochemical and fertiliser complex<\/li>\r\n<\/ul>\r\n<\/li>\r\n \t<li><strong>Employment and Human Capital Development<\/strong>\r\n<ul>\r\n \t<li>The company retained all former staff and significantly increased employment<\/li>\r\n \t<li>It invested in training and development, including overseas training programs for Nigerian engineers<\/li>\r\n<\/ul>\r\n<\/li>\r\n \t<li><strong>Community Engagement and CSR<\/strong>\r\n<ul>\r\n \t<li>Indorama established a robust Corporate Social Responsibility (CSR) framework<\/li>\r\n \t<li>Community equity participation (7.5%) ensured the host communities benefitted directly from the company\u2019s profits<\/li>\r\n \t<li>Projects included scholarships, healthcare, infrastructure, and youth empowerment programs<\/li>\r\n<\/ul>\r\n<\/li>\r\n \t<li><strong>Export and Revenue Generation<\/strong>\r\n<ul>\r\n \t<li>Nigeria became a net exporter of petrochemical and fertiliser products<\/li>\r\n \t<li>IEPL became one of the highest non-oil exporters in Nigeria, earning billions of dollars in foreign exchange<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ol>\r\n<strong>Recognition and Impact<\/strong>\r\n<ul>\r\n \t<li>The privatisation of EPCL is widely hailed as a model transaction by the Bureau of Public Enterprises (BPE) and international observers.<\/li>\r\n \t<li>It has become a template for future privatisations in Nigeria\u2019s oil and gas sector.<\/li>\r\n \t<li>It showcases how strategic private investment, combined with robust regulation and community engagement, can unlock value from state-owned enterprises.<\/li>\r\n<\/ul>\r\n<\/span><\/p><\/div><div class=\"pixfort-swiper position-relative    vc_custom_1756099580638\"><div class=\"position-relative\"><div class=\"swiper  pix-style-standard pix-circular-left pix-overflow-all-visible\" 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src=\"https:\/\/bpe.gov.ng\/staging\/wp-content\/uploads\/2025\/08\/indorama-eleme-4.jpg\" alt=\"\" style=\"\"\/><\/div><\/div><\/div><\/div><\/div><div class=\"pixfort-button-prev \"><svg width=\"26\" height=\"26\" class=\"pixfort-slider-navigation-icon\" viewBox=\"0 0 100 100\"><path d=\"M83.7718595,45.4606514 L31.388145,45.4606514 L54.2737785,23.1973134 C56.1027533,21.4180712 56.1027533,18.4982892 54.2737785,16.719047 C52.4448037,14.9398048 49.4903059,14.9398048 47.6613311,16.719047 L16.7563465,46.7836776 C14.9273717,48.5629198 14.9273717,51.4370802 16.7563465,53.2163224 L47.6613311,83.280953 C49.4903059,85.0601952 52.4448037,85.0601952 54.2737785,83.280953 C56.1027533,81.5017108 56.1027533,78.6275504 54.2737785,76.8483082 L31.388145,54.5849702 L83.7718595,54.5849702 C86.3511829,54.5849702 88.4615385,52.5319985 88.4615385,50.0228108 C88.4615385,47.5136231 86.3511829,45.4606514 83.7718595,45.4606514 Z\" class=\"arrow\"><\/path><\/svg><\/div><div class=\"pixfort-button-next \"><svg 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full_width=&#8221;stretch_row&#8221; pix_bg_grdient=&#8221;bg-gradient-primary&#8221; fade_in_opacity=&#8221;pix-opacity-1&#8243; pix_over_visibility=&#8221;&#8221; pix_overlay_color=&#8221;gradient-primary&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1755162863082{padding-top: 80px !important;padding-bottom: 150px !important;}&#8221; pix_overlay_opacity=&#8221;0.85&#8243; fade_in_intro=&#8221;14993&#8243;][vc_row full_width=&#8221;stretch_row&#8221; pix_particles_check=&#8221;&#8221; pix_background_effect=&#8221;&#8221;][vc_column content_align=&#8221;text-center&#8221; pix_background_effect=&#8221;&#8221;]<div id=\"el1753760666909-ba87c63d-4b47\" class=\"mb-3 pix-sliding-text-element text-center \" style=\"--pix-sliding-overflow:hidden;\"><h3 class=\"mb-32 pix-sliding-headline-2 animate-in font-weight-bold secondary-font \" data-anim-type=\"pix-sliding-text\" data-class=\"secondary-font text-white\" style=\"\"><span class=\"slide-in-container \"><span class=\"pix-sliding-item secondary-font text-white\" style=\"transition-delay: 0ms;\">Conclusion&#32;<\/span><\/span> <\/h3><\/div><div class=\"pix-el-text w-100   vc_custom_1756858407267\" ><p class=\"text-sm  text-white  \" ><span class=\"text-white animate-in d-inline-block\" data-anim-delay=\"400\" data-anim-type=\"fade-in-up\">The privatisation of Eleme Petrochemicals stands as a landmark success in Nigeria\u2019s economic reform journey. It demonstrates how public-private partnerships can drive industrial growth, reduce the burden on government finances, generate employment, and contribute significantly to national development.<\/span><\/p><\/div>[\/vc_column][\/vc_row][\/vc_section]<\/div>","protected":false},"excerpt":{"rendered":"[vc_row full_width=&#8221;stretch_row&#8221; full_height=&#8221;yes&#8221; pix_bg_grdient=&#8221;bg-gradient-primary&#8221; fade_in_opacity=&#8221;pix-opacity-1&#8243; b_divider_in_front=&#8221;true&#8221; pix_particles_check=&#8221;&#8221; pix_overlay_color=&#8221;gradient-primary&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1755093433972{padding-top: 40px !important;padding-bottom: 40px !important;}&#8221; pix_overlay_opacity=&#8221;0.85&#8243; fade_in_intro=&#8221;14995&#8243;][vc_column parallax=&#8221;content-moving-fade&#8221; parallax_speed_bg=&#8221;40&#8243; width=&#8221;2\/3&#8243; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1577165868853{padding-top: 100px !important;padding-bottom: 100px !important;}&#8221;][\/vc_column][vc_column width=&#8221;1\/3&#8243; pix_background_effect=&#8221;&#8221;][\/vc_column][\/vc_row][vc_section full_width=&#8221;stretch_row&#8221; pix_over_visibility=&#8221;&#8221; pix_background_effect=&#8221;&#8221; css=&#8221;.vc_custom_1737524381940{padding-top: 40px !important;padding-bottom: 80px !important;background-color: #ffffff !important;}&#8221;][vc_row full_width=&#8221;stretch_row&#8221; pix_particles_check=&#8221;&#8221; pix_background_effect=&#8221;&#8221;&#8230;","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-14718","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.5 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EPCL Reform | BPE Oil &amp; Gas Sector<\/title>\n<meta name=\"description\" content=\"Learn about the Eleme Petrochemicals Company Limited (EPCL) reform by BPE, addressing inefficiencies, low capacity, and governance challenges.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bpe.gov.ng\/staging\/oil-gas-sector-reform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil &amp; 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