Anger as Nigeria’s Refinery makes Zero Naira, spends N64bn in one year

Nigerians have taken to Twitter to angily demand the shut down and sell off of one of the three refineries in Africa’s biggest crude exporting country, Kaduna Refinery, which generated zero naira but incurred N64 billion in 2018. The Nigerian National Petroleum Corporation (NNPC) owner of the refinery had on Sunday broken a 43 year-old jinx as it published the first ever audited report since its establishment in 1977 where it showed the gross ineptitude of the refinery located in Kaduna. The 2018 audited financials of the corporation showed that…

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