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Refineries Record N5.4bn Deficit, as NNPC lifts $407.15m Crude.

Amidst controversy over the state of the nation’s refineries the latest report of the Nigerian National Petroleum Corporation, NNPC, has indicated that Nigeria’s three refineries guzzled a total of N5.86 billion in overhead expenses on zero output in the month December 2020 alone. This expenditure eventually resulted in operating deficit of N5.37 billion by the […]Read More