Business Nigeria: NNPC is Losing Money

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LequteMan

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The Nigerian National Petroleum Corporation lost the sum of N120.07bn in the months of August and September.

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An NNPC Group financial report says the corporation incurred losses of N60.67bn and N59.4bn in August and September, respectively.

It specifically stated that the national oil firm’s revenue in August was N146.617bn, while its expenses were put at N207.287bn, a PUNCH report says.


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