NNPC doesn’t need FG’s approval to borrow $2bn – Analysts

Energy analysts have stated that the Nigerian National Petroleum Company Limited can obtain loans without the Federal Government’s approval. Responding to criticism over NNPC’s plan to secure a $20bn oil-backed loan from undisclosed sources, Professor Emeritus and oil and gas expert, Wumi Iledare, explained that NNPC operates as a private company and therefore, the government

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