NNPC’s N11.2 trillion security bill raises eyebrows
The Nigerian National Petroleum Corporation (NNPC) has raised eyebrows with its 2025 financial report, revealing that it spent a staggering N11.2 trillion on security for oil and gas assets last year.
Who can explain NNPC’s N11.2trn security bill?
The figure is more than the combined annual budget of the Nigerian military and police forces combined.
The NNPC's N11.2trn security bill: A mystery
The company's spending framework is outside the National Assembly and its accounting method of netting off what it owes the Federation as revenue is being questioned by many.
Who can explain NNPC’s N11.2trn security bill?
The Nigerian National Petroleum Corporation's (NNPC) 2025 financial report has raised eyebrows with the revelation that it spent a staggering N11.2 trillion on security for oil and gas assets last year.
The NNPC’s N11.2trn security bill: A mystery
The figure is more than the combined annual budget of the Nigerian military and police forces combined.
Who can explain NNPC’s N11.2trn security bill?
The company's spending framework is outside the National Assembly and its accounting method of netting off what it owes the Federation as revenue is being questioned by many.
The NNPC’s N11.2trn security bill: A mystery
The Nigerian National Petroleum Corporation's (NNPC) 2025 financial report has raised eyebrows with the revelation that it spent a staggering N11.2 trillion on security for oil and gas assets last year.
Who can explain NNPC’s N11.2trn security bill?
The company's spending framework is outside the National Assembly and its accounting method of netting off what it owes the Federation as revenue is being questioned by many.
The NNPC’s N11.2trn security bill: A mystery
The Nigerian National Petroleum Corporation's (NNPC) 2025 financial report has raised eyebrows with the revelation that it spent a staggering N11.2 trillion on security for oil and gas assets last year.
Who can explain NNPC’s N11.2trn security bill?
The company's spending framework is outside the National Assembly and its accounting method of netting off what it owes the Federation as revenue is being questioned by many.
The NNPC’s N11.2trn security bill: A mystery
The Nigerian National Petroleum Corporation's (NNPC) 2025 financial report has raised eyebrows with the revelation that it spent a staggering N11.2 trillion on security for oil and gas assets last year.
Who can explain NNPC’s N11.2trn security bill?
The company's spending framework is outside the National Assembly and its accounting method of netting off what it owes the Federation as revenue is being questioned by many.
The NNPC’s N11.2trn security bill: A mystery
The Nigerian National Petroleum Corporation's (NNPC) 2025 financial report has raised eyebrows with the revelation that it spent a staggering N11.2 trillion on security for oil and gas assets last year.
Who can explain NNPC’s N11.2trn security bill?
The company's spending framework is outside the National Assembly and its accounting method of netting off what it owes the Federation as revenue is being questioned by many.
The NNPC’s N11.2trn security bill: A mystery
The Nigerian National Petroleum Corporation's (NNPC) 2025 financial report has raised eyebrows with the revelation that it spent a staggering N11.2 trillion on security for oil and gas assets last year.
Who can explain NN
<small>Source: Vanguard News — read the original story there.</small>
