Thursday, 10 September 2015

ROW OVER OIL FIRMS $16M DEBTS TO NNPC

Controversy yesterday greeted the $16 million debts, which two oil companies- Zenon and Fineshade allegedly owe the Nigerian National Petroleum Corporation (NNPC). The two firms are owned by one of Nigeria’s richest men, Femi Otedola.

SaharaReporters reported yesterday that the $16 million debt was owed through the Pipelines and Product Marketing Company (PPMC), a subsidiary of the NNPC between 2004 and 2008.

Read more @ New Telegraph

No comments:

Post a Comment