The Nigerian National Petroleum Corporation (NNPC) has recorded a 109 per cent upturn in revenue with a trading surplus of ₦2.68 billion in May compared to the ₦30.81billion deficit posted in April 2020 when the effect of COVID-19 was at the peak. The Monthly Financial and Operational Report (MFOR) of the corporation, which showed this also revealed that the corporation also recorded an encouraging 43 per cent drop in cases of willful damage of its oil pipeline infrastructure by suspected oil thieves in May, 2020. NNPC has hitherto suffered…
Read MoreHow NNPC Recorded ₦2.68bn Trading surplus, 109% revenue upturn in May
