NNPCL Inconsistent, Not Transparent – World Bank
The World Bank has leveled serious accusations against the Nigerian National Petroleum Company Limited (NNPCL), alleging inconsistencies and a lack of transparency in its financial reporting to the Federal Account Allocation Committee (FAAC). In its Accelerating Resource Mobilisation Reforms (ARMOR) Report released in May 2024, the World Bank highlighted concerns over NNPCL’s opaque financial practices, … Read more