Nigeria Oil Losses

By Editorial Board - 22 February 2016 at 6:05 pm

FILE- In this Tuesday, May. 26, 2015 file photo, a man fills containers with diesel at the Nigeria National Petroleum Corporation, petrol station in Abuja, Nigeria. The Nigerian National Petroleum Corp. says it lost 267 billion naira ($1.3 billion) in 2015, even as it tried to pump more oil to counter slashed world prices. The corporation’s monthly report posted at its website Thursday , Feb. 4, 2016 shows the biggest losses recorded at its headquarters, by three refineries and a subsidiary that sources and distributes refined products.  (AP Photo/Sunday Alamba file)

Editorial Board

Editorial Board

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