Tag: FAAC
NNPC Drills 39 Wells, Including 2 Exploratory Wells
The Nigerian National Petroleum Corporation (NNPC) has disclosed that the volume of oil deposits Nigeria holds declined by 2.16% barrels (bbls).
While the country’s oil...
Oil producing states get N27.703bn as derivation
The oil-producing states of the country got N27.703 billion as Derivation Fund for December 2015, according to the Federation Accounts Allocation Committee, FAAC.
The Federation...
NNPC Posts N241bn Loss in 10 Months
The Nigerian National Petroleum Corporation, NNPC, yesterday announced a loss of N240.987 billion in its operations for 10 months, between January and October 2015....
