NNPC subsidiaries’ debts hit N30.3tn, raising fresh concerns over liquidity, reforms
[Hallmark - Nigeria] - 5/01/2026
The Nigerian National Petroleum Company Limited (NNPCL) is facing renewed scrutiny after debts owed to the company by its subsidiaries and related entities surged by more than 70 per cent to N30.30tn in 2024, despite its transition into a commercially oriented national oil company. Figures from (…)
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