The Nigerian National Petroleum Company (NNPC) Limited spent N173.488 billion in excess of the budgeted N36.893 billion for petrol subsidy in January, a report from the oil firm has indicated. A document detailing the company’s presentation before the Federation Account Allocation Committee (FAAC) showed that instead of the actual projected under-recovery for the month, the … Continue reading NNPC Surpasses January Petrol Subsidy Budget By N173.4b