Following Atiku Abubakar’s call out on NNPCL, the state-owned oil corporation has responded with some explanations on the OVH acquisition. The Nigerian National Petroleum Company Limited (NNPCL) has issued a statement addressing the allegations made against it former vice president, Atiku Abubakar, on the OVH acquisition. Earlier in the week, Atiku had issued a press release signed by his media adviser Paul Ibe. In the statement he had lamented the alleged criminal hijacking of the...
Nigeria’s growing debt burden has been a subject of concern and a ticking time bomb for generations unborn. The situation calls for urgent redress The national debt refers to the total amount of money that the government of Nigeria owes its domestic and external creditors. It can be further divided into two: public debts and government accounts debt. Public debt is the total amount of money owed by the government at all levels to various...
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