Queues resurface as NNPC incurs $6bn petrol payment backlogs

Dailytrust | 05-07-2024 04:16pm |

Long queues are snaking back at petrol stations across Africa’s biggest economy, raising fresh concerns about shortages as the Nigerian National Petroleum Company Ltd (NNPCL) struggles with a staggering $6 billion petrol payment backlog. BusienssDay reports that NNPC owes around $6 billion to international traders for imported petrol as traders said the state-owned company is [...]

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