NNPC taps $1.5bn loan, but PPMC payment concerns persist


Issue 223 - 19 Jan 2012 | 2 minute read

The Nigerian National Petroleum Corporation (NNPC) has secured a medium-term $1.5bn commercial bank loan, raising hopes that the multi-billion dollar payments backlog at its Pipelines and Product Marketing Company (PPMC) fuel-importing arm is being addressed

Tagged with:

Pin Strategy & risk

Pin Nigeria

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register