“NNPC does not see a penny from crude sales” – GMD

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, in response to some reports, especially from the Nigeria Extractive Industries Transparency Initiative (NEITI), says monies from sales of crude oil does not enter the oil firm’s accounts. NEITI had said in its March 2017 policy brief that by its own calculations,... Read More