Governors, NNPC clash deepens over alleged $42bn oil revenue gap

Hallmarknews | 10-12-2025 07:51pm |

Tensions have escalated between the Nigerian National Petroleum Company Limited (NNPCL) and Periscope Consulting, the audit firm hired by the Nigeria Governors’ Forum, following renewed disagreements over an alleged $42.37bn (₦12.9tn) shortfall in oil revenue remittances to the Federation Account between 2011 and 2017. Fresh documents from the Federation Account Allocation Committee’s November 2025 post-mortem

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