Discover and read the best of Twitter Threads about #NNPCAuditReport
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@NNPCgroup is the only company that I know that reward failure greatly!
They released an audit financial statements for 2018, noting that its refineries recorded losses of N154 billion and still spend N 23 billion yearly on wages and benefits!😪
{Thread]
#NNPCAuditReport
They released an audit financial statements for 2018, noting that its refineries recorded losses of N154 billion and still spend N 23 billion yearly on wages and benefits!😪
{Thread]
#NNPCAuditReport
The under-remittances, underpayments, inefficiencies, theft or absence of clear fiscal regime in @NNPC if not curbed will finish this country. WE NEED TO COMMERCIALISE NNPC NOW OR DIE SOON!
@NigeriaGov @nassnigeria @femigbaja @DrAhmadLawan
#NNPCAuditReport
@NigeriaGov @nassnigeria @femigbaja @DrAhmadLawan
#NNPCAuditReport
Crude oil is Nigeria’s most important non-renewable energy source, accounting for around 90% of export earnings, yet for decades, the industry has been troubled by bad leadership, corruption and environmental degradation.
#NNPCAuditReport
#NNPCAuditReport
Or maybe it is a case of if Nigeria doesn't kill NNPC, NNPC will kill Nigeria.
Did you know that quarter of the subsidiaries’ debts could have helped Nigeria to clean up the oil spills that plagues human & marine life in Ogoni land?
{A SADDER Thread}
#NNPCAuditReport
Did you know that quarter of the subsidiaries’ debts could have helped Nigeria to clean up the oil spills that plagues human & marine life in Ogoni land?
{A SADDER Thread}
#NNPCAuditReport
The United Nations Environment Programme (UNEP) estimates that the Ogoni cleanup will cost an initial $1 billion which (at the time of their report) amounts to N394.74 billion 🤯
#NNPCAuditReport
#NNPCAuditReport
The huge amount of unpaid debts by NNPC’s subsidiaries can significantly reduce  the country’s rising debt profile & also form a substantial part of Nigeria’s annual budgets.
#NNPCAuditReport
#NNPCAuditReport
