Nigeria state oil company struggles with transparency | Africanews
5 days ago, 02:18
Despite some progress, Nigeria’s national oil company still faces transparency problems. Of all the major players in country’s oil sector, only the Nigerian National Petroleum Company NNPC, has not complied with the requirements of the Extractive Industries Transparency Initiative, its secretary said. The national oil company is unable to explain the intent of a total of $22.7 billion. However, this money was collected by the NNPC after the sale of operating licences. And the receipt of 15 years ...
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