The latest financial report released by the Nigerian National Petroleum Corporation, NNPC, shows that the corporation recorded a loss of N127.73 billion between January and August this year.
The Nigerian National Petroleum Corporation, NNPC, has commended the Defence Intelligence Agency, DIA, for its support over the years, especially in the area of recovery of stolen crude.
Former president Olusegun Obasanjo has called for the reformation of the Nigerian National Petroleum Corporation, NNPC, instead of selling it off as is being proposed by the federal government.
The Nigerian government through the Petroleum Products Pricing Regulatory Agency, PPPRA, has said it will not accept the recommendation of the forum of former Group Managing Directors of the Nigerian National Petroleum Corporation, NNPC, to raise the price of petrol from N145.