NNPC's Debt is Hindering Gasoline Supply in Nigeria

The Nigerian National Petroleum Corporation (NNPC) is facing serious financial issues that are negatively impacting fuel supplies in the country. The company's debt burden has significantly increased, hampering its ability to import and distribute gasoline. Recent reports indicate that NNPC has accumulated a debt of approximately 3 trillion naira (over 7 billion USD), making it difficult to fulfill obligations to international fuel suppliers.

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