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NNPC Loses 267 Billion Naira Under Buhari. - CNBC - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / NNPC Loses 267 Billion Naira Under Buhari. - CNBC (570 Views)

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NNPC Loses 267 Billion Naira Under Buhari. - CNBC by biafranbaby(m): 11:00am On Feb 23, 2016
The Nigerian National Petroleum Corporation recently released its December 2015 monthly financial and operating report showing a daily production of 2.12 million barrels per day, and a loss of 11 billion naira in the month. The report shows a total year loss of 267.15 billion naira in 2015.

http://www.cnbcafrica.com/video/?bctid=4769188293001
Re: NNPC Loses 267 Billion Naira Under Buhari. - CNBC by HungerBAD: 11:01am On Feb 23, 2016
HUH?

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Re: NNPC Loses 267 Billion Naira Under Buhari. - CNBC by introvertious: 11:02am On Feb 23, 2016
shocked
Re: NNPC Loses 267 Billion Naira Under Buhari. - CNBC by shift15(m): 11:04am On Feb 23, 2016
The refinery has been a pipe drain for our scarce resources. It has been loss over loss since its operations began.
Re: NNPC Loses 267 Billion Naira Under Buhari. - CNBC by mynd1(f): 11:08am On Feb 23, 2016
Thought it's other way round. undecided
Re: NNPC Loses 267 Billion Naira Under Buhari. - CNBC by millhouse: 11:09am On Feb 23, 2016
What a govt we have...
Re: NNPC Loses 267 Billion Naira Under Buhari. - CNBC by Naija9090: 11:12am On Feb 23, 2016
C
Re: NNPC Loses 267 Billion Naira Under Buhari. - CNBC by demosoft: 11:47am On Feb 23, 2016
Where is the one gained under Jonathan?

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Re: NNPC Loses 267 Billion Naira Under Buhari. - CNBC by puskin: 11:53am On Feb 23, 2016
NNPC has always been operating at a monthly loss far worse than this. Dr. Ibe Kachichukwu coming on board only helped to stem the tide of gigantic losses they were experiencing before.

This loss ain't new. We only think this is new because Kachichukwu ordered NNPC to be publishing its accounts on a monthly basis.

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