NNPC spends N1.2tr on purchase of crude oil

Ike Amos 15 February 2017, Sweetcrude, Lagos – The Nigerian National Petroleum Corporation, NNPC, spent N1.215 trillion ($5.313 billion) on the purchase of crude for a 12-month period, from November 2015 to October 2016. According to its Monthly Financial and Operations Report for November 2016, the amount was spent in the purchase of 128.509 million barrels […] More »