NNPCL Spends N17.5tn On Pipeline Protection, Energy Security In One Year

The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the Federation owes it a staggering N17.5 trillion for pipeline protection, fuel under-recovery, and other energy-security operations carried out in the 2024 financial year. The revelation—contained in the company’s 2024 consolidated financial statements—has triggered renewed calls from analysts for a full forensic audit, amid concerns … Continue reading NNPCL Spends N17.5tn On Pipeline Protection, Energy Security In One Year