NNPCL Inconsistent, Not Transparent With Reports Submitted To FAAC On Revenue

NNPCL Inconsistent, Not Transparent With Reports Submitted To FAAC On Revenue …C0NTINUE READING HERE >>>

The World Bank has accused the Nigerian National Petroleum Company Limited (NNPCL) of inconsistency and non-transparency in its operative details submitted to the Federal Account Allocation Committee (FAAC).

Henzodaily reports that the World Bank asserted this in its Accelerating Resource Mobilisation Reforms (ARMOR) Report dated May 17, 2024, which journalists recently obtained.

The World Bank noted that, alongside diminished net oil revenues, the lack of transparency in NNPCL’s…

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