The Nigerian National Petroleum Corporation, NNPC, has affirmed that in view of its assets base and equity holding in the petroleum industry, there is no way the Corporation can be broke.
The Group Managing Director, GMD, NNPC, Dr. Emmanuel Ibe Kachikwu, who reassured of the Corporation’s solvency in Lagos, during a Q & A session with journalists, said what is wrong with the establishment is cash flow management.
Kachikwu, who was responding to the constant speculations that NNPC is broke, and as the main purse of the Federal Government that by extension Nigeria too is broke, maintained that such assertions are not true. Click to signup for FREE news updates, latest information and hottest gists everyday
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Is that so? I thought Goodluck Ebele Jonathan embezzled all the money in the corporation's treasury. How about the 20 billion dollars missing in NNPC? has it been found. Abeg make una find that money o!
ReplyDeleteGEJ mismanage the money with his administration
ReplyDelete