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NETCO Audited Financial Statements 2020pdf. NNPC Releases Audited Financial Statements. The reports constitute the following and more. The Nigerian National Petroleum Corporation NNPC has published its Audited Financial Statements AFS for the year 2020.

The Nigerian National Petroleum Corporation NNPC has released its 2019 Audited Financial Statement AFS. The audited backlog has been formally approved. Despite posting a hefty profit after tax of over N2872 billion from its operations in 2020 details from the Audited Financial Statement by the Nigerian National Petroleum Corporation NNPC published on its website on Wednesday have shown related parties debts gulped more than 3537 percent of the total revenue realised by the corporation during the year.

By Michael Eboh The Nigerian National Petroleum Corporation NNPC Thursday announced the release of its 2019 Audited Financial Statement declaring a loss of N17 billion representing a 997 per. The Nigerian National Petroleum Corporation NNPC has published its Audited Financial Statements AFS for the year 2020. The Nigerian National Petroleum Corporation NNPC as part of measures to improve transparency and accountability in its operations has published its audited financial statements online for 2018.

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The Group Managing Director of the NNPC Mele Kyari had at various times since the Presidents. Its gross profit was N3391 billion compared to about N3987 billion in 2017 while its operating profit was N2787 billion up from N2522. A statement by the Group General Manager Public Affairs Division Garba Deen Muhammad stated that the Corporations group revenue for 2020 was N3718 trillion down from N4634 trillion in 2019. National Petroleum Investment Management Services is the groups most profitable division according to the statements.

That compares with a. Among the highlights of the 2020 AFS is the Corporations group profit which rose from a loss position of N17billion in 2019 to a profit of N287bn in 2020 for the first time in 44 years. From N803 billion in 2018 to N17 billion in 2019 thanks to a significant increase in profits from its subsidiaries between 2018 and 2019.

The Nigerian National Petroleum Corporation NNPC on Thursday published on its website details of the 2020 Audited Financial Statements AFS. This is viewed as a reaction to the criticism that has been on the government-owned oil firm for years of conducting the countrys oil business in secret by only. It reported revenue of 504 trillion naira 13 billion in 2018 and profit of 101 trillion naira.

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This is viewed as a reaction to the criticism that has been on the government-owned oil firm for years of. The corporation said the publication was in compliance with the recent directive by President Muhammadu Buhari who recently announcement the declaration of N28billion profit after tax PAT by the corporation in. Living up to its Transparency Accountability and Performance Excellence TAPE mission the Nigerian National Petroleum Corporation NNPC yesterday released its 2020 audited financial. According to the report Revenue declined in FY-2020 down 198 yy to N37tn from N46tn in FY-2019.

Thu 09 Sep 2021 135138 GMT. The management of Port Harcourt Refining Company PHRC the midstream subsidiary of the Nigerian National Petroleum Corporation NNPC said the companys retained losses rose to N509737 billion as at December 31 2020 growing by 596 per cent from N481062 billion as at the same period in 2019. For the first time since its establishment in 1977 the corporation disclosed a profit for the year.

N-GAS Audited Financial Statements 2020pdf. NNPCs Group Audited Financial Statement presents key information on the corporations financial health. We have audited the financial statements of NNPC Retail Limited which comprise the statement of financial position as at 31 December 2020 and the statement of profit or loss and other comprehensive income statement of changes in equity and statement of cash flows for the year then ended and notes to the financial statements including a summary of significant.

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NAPIMS Audited Financial Statements 2020pdf. KRPC Audited Financial Statements 2020PDF. The NNPC therefore published the AFS on Wednesday. IDSL Audited Financial Statements 2020pdf.

THE Nigerian National Petroleum Corporation NNPC has completed audit of the groups financial statements from 2011 to 2016 it was learnt yesterday. These realities have positioned NNPC being the main revenue generating organisation in Nigeria to play a vital role in increasing revenue to meet the governments budget constraints and strengthen the nations economy. Duke Oil Services UK Audited Financial Statements 2020pdf.

Though the corporation has been sending copies of the annual statements to the presidency and the National Assembly in the past it was learnt that the new initiative followed a resolve by the new management to promote. The statement shows that NNPC reduced its loss by 997. Below are NNPCs Financial and Operations reports.

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NNPC Audited Financial Statements NNPC Monthly FAAC Reports National Crude Oil Natural Gas Production Lifting and Utilization Refinery Operations Petroleum Product Supply Distribution Budget Performance Report Federation Crude Oil Gas Revenue. Duke Oil DMCC Audited Financial Statements 2020pdf. Sequel to president Muhammadu Buharis recent announcement of the declaration of two hundred and eighty seven billion Naira N287billion Profit After Tax PAT in year 2020 by the Nigerian National Petroleum Corporation NNPC the Corporation has consolidated on the remarkable achievement by publishing the Audited Financial Statements AFS on its official. The Nigerian National Petroleum Corporation NNPC as part of measures to improve transparency and accountability in its operations has published its audited financial statements online for 2018.

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