What does NNPC/JVC stand for and mean?
NNPC/JVC stands for- Nigeria National Petroleum Company / Joint Venture Company. NNPC/JVC is often seen on a fraudulent Sales and Purchase Agreement asking for banking information. The NNPC is in joint venture with many companies like Shell, Mobil, Elf, Chevron, Texaco, Agif which means they are doing business with these companies. The NNPC are not in partnership with these companies. The NNPC cannot offer a sales and purchase agreement to any intermediary, company or anyone implying that the companies they are doing business with is part of a sales and purchase agreement. Anyone offering such a sales and purchase agreement does not have oil or even access to it. If the NNPC and Shell or Mobil or any other company are involved in any sales and purchase agreement with a principal buyer (which is very doubtful) it has to be specifically stated on the sales and purchase agreement. No Sales and Purchase Agreement can be generic as being offered on the Internet.
