Petrol Subsidy Delays Funding of N26.2bn NNPC Projects

•Pledges respect for environment in its operations
•NEITI, NNPC, DPR to Develop Framework on Contracts’ Transparency

Emmanuel Addeh in Abuja

The burden of under-recovery of petrol price currently being borne by the Nigerian National Petroleum Corporation (NNPC) may have begun to affect its operations as the national oil company failed to fund six of its scheduled projects in April.

NNPC…

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