Nigeria
NNPC Profit Surge Obscures N6.3trn Debt as Lagos Fuel Demand Outpaces 11 States
Nigerian National Petroleum Company's improved financial performance conceals mounting liabilities of N6.3 trillion, while consumption data reveals Lagos accounts for more fuel usage than 11 Nigerian states combined, exposing infrastructure and distribution imbalances.
Tumaini Ndoye·4 min read··