NNPC Owed ₦7.8tn by Government in Subsidy Debts
The Nigerian National Petroleum Company Limited (NNPC) has disclosed a staggering ₦7.8 trillion ($4.9 billion) debt owed to it by the Federal Government for fuel subsidy spanning seven months from…
The Nigerian National Petroleum Company Limited (NNPC) has disclosed a staggering ₦7.8 trillion ($4.9 billion) debt owed to it by the Federal Government for fuel subsidy spanning seven months from…
Nigeria’s grip on the title of Africa’s biggest oil producer remains steady, but challenges abound as the nation grapples with consistently falling short of oil production targets. While the Organisation…
The Nigerian National Petroleum Corporation (NNPC) is seeking an additional $2 billion in oil-backed loans from international creditors. According to a Reuters report and confirmation from the Group Chief Executive…