States, LGs face bankruptcy over NNPC’s new status

Adebayo Obajemu The new legal status of the national oil giant, Nigeria National Petroleum Corporation Limited, NNPC Ltd, from a wholly government owned company to a commercial venture may be a double edged sword for the country and the federating units. With the company ceasing to fund the Federation Account, which is the financial conduit … Continue reading States, LGs face bankruptcy over NNPC’s new status