The first post-restructuring financial statement of the Nigeria National Petroleum Company Limited (NNPCL) has exposed the structural defects of the oil company as it seems to thrive more on product trading and less as an upstream operator.
On its face value, the company has grown its profit exponentially to N2.52 trillion ($2.7 trillion). But the performance is relatively low compared with its peers such as Petronas, Qatar Energy, Petrobras and Saudi Aramco.
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
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Explosion in Ibadan: Company Responsible for Storing Explosives IdentifiedGovernor Seyi Makinde has identified the company responsible for storing the explosives that caused the explosion in Ibadan. He promises to bring the culprits to justice and ensure the welfare of the victims. An Emergency Operation Centre has been set up to oversee search and rescue efforts.
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