The Nigerian National Petroleum Corporation (NNPC) has recorded a 99.7% reduction in its loss profile from ₦803bn in 2018 to ₦1.7bn in 2019. This revelation is contained in the 2019 Audited statement published for second time in the over 40 years history of the Corporation. A statement by the Corporation’s spokesman, Dr. Kennie Obateru, quoted the NNPC Chief Financial Officer (CFO), Mr. Umar Ajiya, as saying that the 2019 Audited Financial Statement, which was concluded five months after the release of the 2018 Audited Financial Statement, will be published…
Read MoreNNPC sinks loss profile by 99.7%, publishes 2019 Audited Accounts
