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The NNPC is like a big black hole, sucking in national funds & resources, leaving institutions half dead & the country worse off.
Makes you wonder "this oil gan sef, na blessing, abi na curse?"
#NNPCBadDebts
Makes you wonder "this oil gan sef, na blessing, abi na curse?"
#NNPCBadDebts
NNPC, via the corporation’s financial account, posted a loss of N16.3 billion in 2019 . The overall Group reported a N20.2 billion loss. In 10 years, the corporation had reported a combined loss of N474 billion while that of the group stands at N1.55 trillion
#NNPCBadDebts
#NNPCBadDebts
@Dataphyte ran an analysis of NNPC's financial report & revealed that credit sales to subsidiaries worth N1.45 trillion remain unpaid. Furthermore, of NNPC's 22 subsidiaries, 12 owe the parent company trillions of Naira.
#NNPCBadDebts
#NNPCBadDebts
