Fuel Subsidy: NNPC records N68bn under-recovery

Ike Amos 02 August 2017, Sweetcrude, Abuja – The Nigerian National Petroleum Corporation, NNPC, has borne a loss of N67.719 billion, listed as under-recovery, over a five-month period, from January to May 2017. This was contained in the Monthly Financial Statement of the NNPC for the month of May 2017, released recently. The listing of ‘under-recovery’ […] More »