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Tag "threatened NNPC debt"

Long term petroleum supply threatened by NNPC debt owed to traders

Long term petroleum supply threatened by NNPC debt owed to traders 0

🕔00:25, 21.Apr 2015

The inability of the Nigerian National Petroleum Corporation (NNPC) to liquidate an over $1.5 billion debt owed local and international oil traders involved in the importation of petroleum products on behalf of the corporation has raised concern over the long-term sustainability

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