The Nigerian National Petroleum Company Limited (NNPCL) has ordered the Federal Government to refund N4.71tn  to offset debts incurred in importing petrol into the country. NNPCL attributed the N4.71tn claim to “exchange rate differential on PMS and other joint venture taxes” incurred on petrol imports between August 2023 and June 2024. Wale Edun, the Minister … Continue reading NNPCL Orders FG to refund N4.7tn Petrol Import Fund