Nigeria: NNPC Recorded N197 Billion Loss in 2016

18 February 2017

The Nigerian National Petroleum Corporation, NNPC, has said that it recorded N197.49 billion total loss at the end of the 2016 financial year.

According to data generated from the corporation's Financial and Operational report for 2016, the corporation earned N1.726 trillion but recorded an expenditure of N1.923 trillion.

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