The Nigeria National Petroleum Corporation headquarters
NNPC did not remit funds to federal accounts last year, its data showed, leaving a hole in public finances at a time when the government has been warning that low revenues and large deficits left it unable to stimulate the economy. Nigeria imports nearly all its refined fuels because local refineries were shut due to years of neglect.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria: Climate Investment - Nigeria, China, Others May Lose U.S.$377 Billion GDP GrowthFailure to invest the bare minimum needed to withstand projected climate damage could cost China, Nigeria and other emerging markets a whooping $377 billion in climate damages and lost gross domestic products (GDP) growth this decade, a new study by Standard Chartered has revealed.
Source: allafrica - 🏆 1. / 99 Read more »
Nigeria: Buhari Reappoints 'Incompetent' Official Sacked By Jonathan As Nigeria's Investment ChiefBuhari Reappoints 'Incompetent' Official Sacked By Jonathan As Nigeria's Investment Chief PremiumTimesng: Nigeria
Source: allafrica - 🏆 1. / 99 Read more »