Thursday 23 July 2015

Crude used for swap,proceeds remitted to federation account-NNPC

Out of a total of 162.425 million barrels of crude oil allocated to the Nigerian National Petroleum Corporation, NNPC, for the country’s four refineries in 2014, the refineries only received 25.84 million barrels of crude oil leaving 135.85 million barrels of crude oil, valued at about N2.62 trillion appropriated for other uses not disclosed by the NNPC.
NNPC people,i carry my left yanch for una
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