Mele Kyari, Group Managing Director, Nigerian national Petroleum Corporation said the withdrawal of over $21billion from the Nigeria Liquefied Natural Gas (NLNG) dividends account was legally done.
National oil companies around the world are reporting better financial performance, even declaring dividends despite lower oil prices and the coronavirus pandemic, but Nigeria’s state-owned firm, the NNPC, still struggles to improve earnings.
Nigeria’s financial dependence on oil is no secret
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Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.
