Tinubu Approves $1.42bn And N5.57trn NNPC Debt Write-Off In Fiscal Reset

President Bola Tinubu has approved the cancellation of a substantial portion of debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account, clearing approximately $1.42 billion and N5.57 trillion following an extensive reconciliation exercise. The approval was documented in a report prepared by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) … Continue reading Tinubu Approves $1.42bn And N5.57trn NNPC Debt Write-Off In Fiscal Reset