‘NNPCL loaned N220bn to refineries for maintenance’
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The Nigerian National Petroleum Company (NNPCL) says it loaned N220.495 to its three refineries for Quick Fix Maintenance project, tax obligations, among others.
The figures were contained in its 2025 Audited Financial Statement.
According to the report, the Kaduna Refining & Petrochemical Company Limited was loaned N77.588, while Port Harcourt Refining Company Limited got N2.58bn and Warri Refining & Petrochemical Company Limited got N113.327bn.
The spending is coming a year after the N
The figures were contained in its 2025 Audited Financial Statement.
According to the report, the Kaduna Refining & Petrochemical Company Limited was loaned N77.588, while Port Harcourt Refining Company Limited got N2.58bn and Warri Refining & Petrochemical Company Limited got N113.327bn.
The spending is coming a year after the N
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