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The Chief Executive Officer of Cowry Assets Management Limited and financial analyst, Johnson Chukwu, has said that the dividend and taxes paid by the Nigerian National Petroleum Company Limited, NNPCL, will reduce the financial burden of the federal government. Chukwu said this in response to the record performance of the state-owned company after it released its financial accounts for 2023. NNPCL on Monday announced an N3.3 trillion profit in 2023 while declaring its financial statement for the period under review. The profit represents 28 per cent higher when compared to the N2.54tn recorde…

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