How NNPCL failed to remit N500bn to FAAC in 2024 — World Bank

The World Bank has explained how the Nigerian National Petroleum Company Limited remitted only 50 percent of revenue gains from the removal of the Premium Motor Spirit subsidy to the country’s Federation Account. The Bretton Woods institution disclosed this in its latest Nigeria Development Update released on Monday. NDU, which revealed concerns over fiscal transparency [...]How NNPCL failed to remit N500bn to FAAC in 2024 — World Bank

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