PRESIDENCY: NNPC’s $6 billion Debt To Oil TradersConfirms Tinubu Not Lying About Removal Of Fuel Subsidy—The Special Adviser to the President...
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Maroc - MCEBISCOO.COM - A La Une - 19/Aug 06:28
Tinubu Directs NNPC to Withhold Federation Dividend Payment, Apply it to Fund Fuel Subsidy
President Bola Tinubu has approved a request by the Nigerian National Petroleum Company (NNPC) Ltd to utilize the 2023 final dividends due to the federation to pay for petrol subsidy. The president also approved the suspension of the payment of 2024 interim dividends to the federation in order to augment NNPC’s cash flow and address […]
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