NNPC Records N378bn Loss In 8 Months

 

The Nigerian National Petroleum Corporation, NNPC, has announced a loss of N378.49 billion in its operations for the first eight months of the year.

Ibe KachikwuOne of NNPC’s subsidiaries, the Products and Pipeline Marketing Company Limited, PPMC, accounted for majority of the losses, as it spent over N300 billion on subsidy and in the repairs and management of its pipelines between January and August.

Landlord Rapes 10 Year-Old Girl At Bonugo Village, Abuja

    A 46-year-old landlord, simply identified as Sunday, was last Friday arrested for allegedly raping a 10-year-old daughter of his tenant at Bonugo village in Kwali Area Council in the Federal Capital Territory (FCT).

A source who craved anonymity disclosed this to our reporter on Sunday, saying the incident happened after the victim’s parents, who are tenants in Sunday’s house, went out to visit a relative.