The World Bank Group gave a damning verdict about the operations of the Nigerian National Petroleum Company (NNPCL) in its Accelerating Resource Mobilisation Reforms (ARMOR) Report released on May 17, 2024. The global lender’s summation was that the NNPCL’s financial reporting systems are fundamentally opaque, evasive, and deceptive resulting in the Federal Government and sub-nationals
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Kidnappers’ trillion-naira paradise
THE new National Bureau of Statistics report that Nigerians paid a whopping N2.23 trillion ransom …