Benefits of oil rally elude Nigeria as NNPC losses mount

by | February 1, 2018 2:00 am



The inability of the Nigerian National Petroleum Corporation (NNPC) to operate as a fully integrated oil company is taking a toll on its revenue as it recorded mounting losses largely from its downstream operations at a time oil prices have risen to a three-year high. Finance Minister, Kemi Adeosun said on Wednesday that the NNPC…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe
Tags: