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Tuesday 17 August 2021

Nigeria under funding oil industry projects as NNPC falls behind by $1.54 trln in financing

Nigeria under funding oil industry projects as NNPC falls behind by $1.54 trln in financing: The Nigerian National Petroleum Corporation (NNPC) has not been able to fund its priority projects in the oil and gas industry to the tune of $1.54 trillion, according to a document presented by the corporation to the Federation Account Allocation Committee (FAAC) in July. The shortfall in Joint ...

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