The monthly report on the operations and finances of the Nigerian National Petroleum Corporation (NNPC) for December 2015 has shown that the corporation channeled a total of $4.13 billion into funding its cash-calls obligations in the various joint venture operations with the international oil companies operating in the country.The report, which was released recently in Abuja by the corporation, also revealed that at the close of the year, the joint venture funding gulped more than 87 per cent of the total dollar proceeds it made from its export crude oil and gas trade.
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