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Financial economists are worried about the three billion dollars crude oil repayment loan secured by the Nigerian National Petroleum Corporation Ltd., to prevent the Naira from slumping further.
The Nigerian National Petroleum Company Limited (NNPC Ltd) has secured an emergency $3billion crude oil repayment loan which is aimed at stabilising the naira.
A total of 60 petroleum scientists have been nominated by the Nigerian National Petroleum Company Limited (NNPCL) to attend a five-day sequence stratigraphy workshop at Ahmadu Bello University (ABU) Zaria.
Extractive Industry Transparency Initiative that Nigeria lost N16.25 trillion to oil theft in the 12 years to 2021 and that the NNPC should quit the downstream, the source dismissed the allegation, saying that oil theft had been a major issue in Nigeria for decades.
Prof. Tai Balofin, Chairman APC USA, on Sunday in Abuja said Nigerians should trust President Bola Tinubu to work out palliatives to cushion the effect of fuel subsidy removal. He said this while speaking with the News Agency of Nigeria (NAN), adding that the challenges that came with the development would soon be over. He,