The Nigerian National Petroleum Corporation (NNPC) on Wednesday reported that it earned $470 million from crude oil and gas export sale in August 2018, representing a positive variance of about $78 million from the $391.91million generated in the preceding month. In the Monthly Financial and Operations Report for August 2018 released by the corporation’s Group […]
Tag: Group General Manager of Group Public Affairs Division of the NNPC – Ndu Ughamadu
NNPC Clarifies Custody Of $3.5Bn Subsidy Fund
The Nigerian National Petroleum Corporation (NNPC) on Wednesday refuted insinuations that it had in its custody the $3.5billion subsidy fund that has generated some controversies in recent months. The clarification came on the heels of the Senate’s plans to investigate the subsidy fund, which the lawmakers alleged that the corporation used the fund to subsidize […]