Nigerian National Petroleum Corp (NNPC) is aiming to bolster its shipping business by forming a new bunkering subsidiary.

The company wants to "consolidate its foothold on the shipping business in Nigeria and boost profitability," it said.

It wants to take advantage of vessel calls to the country.

Group general manager for NNPC Shipping, Aisha Katagum, said: “Actually, the NNPC group managing director is also very keen on that.