NNPC recorded N197.5bn loss in 2016 –Report

Okechukwu Nnodim, Abuja The group total loss of the Nigerian National Petroleum Corporation at the end of the 2016 financial year was N197.49bn. Latest data released on Thursday by the national oil firm showed that the corporation earned a group total revenue of N1.726tn, but recorded an expense of N1.923tn last year. The refineries incurred … More NNPC recorded N197.5bn loss in 2016 –Report

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