According to the latest figures from the Nigerian National Petroleum Corporation Limited (NNPCL), the national oil company spent 94.77 per cent of its earnings on petrol subsidy payments in August. The move, which obviously indicates a bleak economic prognosis, occurred on the same weekend that the Police Special Task Force on Petroleum and Illegal Bunkering … Continue reading NNPC Spends Total Oil, Gas Revenue On Petrol Subsidy