Nigeria: Petroleum Sector Retards National Progress

December 8, 2025
[Vanguard] NNPCL is the only state-owned oil producing organization in the entire world which has become a perpetual drag on the nation's progress. Last week, just as the nation was celebrating the declaration of Ntn profits from operations last year, Nigerians were once again reminded that very little has changed in the management of the affairs of the most important business organization in Nigeria. Until new evidence surfaces indicating a new re-orientation of corporate governance, the NNPCL will find it

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