The Nigerian National Petroleum Corporation (NNPC) Limited on Sunday, admitted that it is facing financial strain, and that debts owed international oil traders is a major factor in the ongoing fuel scarcity across the country. There had been reports that NNPC was indebted to oil suppliers to the tune of $6.8 billion in subsidy debts, […]
The post We’re facing financial strain, NNPC admits amid lingering fuel scarcity first appeared on Business Hallmark.
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