NNPC’s 2025 Books Show ₦473.8bn Gas Push and a 406% Jump in Loans to Its Own Subsidiaries
NNPC’s 2025 Books Show ₦473.8bn Gas Push and a 406% Jump in Loans to Its Own Subsidiaries Nigeria’s state oil company funneled ₦473.8 billion into major gas infrastructure projects during 2025, according to its newly released annual financial statements, even as a separate set of disclosures shows the company’s total lending to its own subsidiaries … Read more