Amid Profit Declaration: NNPC Refineries Generate Zero Revenue, Pay Workers N69bn
Workers at the government-owned refineries were paid a total of N69.07bn last year, even as the plants generated zero revenue as they did not process...
Tag : Profit
Amidst Profit Declaration: Audit Of NNPC’s Account Shows Corporation Could Go Bankrupt
Nigeria’s state-owned oil company, Nigerian National Petroleum Corporation (NNPC), could be teetering on the brink of bankruptcy as the group’s current liabilities outweigh its current assets by as much as N4.6 trillion,...