NNPCL has commenced process of paying $6 billion debt – Nigerian govt …C0NTINUE READING HERE >>>
The Nigerian government, through the Finance Ministry, has announced that the Nigerian National Petroleum Company Limited (NNPCL) has commenced the process of paying off its debt.
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, made this announcement on Wednesday while addressing investors during a meeting in Washington, DC.
He stated that the NNPCL has initiated the process of settling the $6 billion debt it owes to its suppliers.
DAILY POST recalls that the NNPCL admitted to experiencing financial strain due to the cost of sustaining supply and its…
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