Tinubu Orders Write-Off Of NNPC’s Pre-2025 Federation Obligations

Primanews | 29-12-2025 09:12pm |

President Bola Tinubu has approved the removal of a substantial portion of historical debts owed by NNPC Ltd to the Federation Account, effectively closing the books on legacy obligations accumulated before the end of 2024. The decision followed a reconciliation exercise conducted by the Nigerian Upstream Petroleum Regulatory Commission in collaboration with relevant stakeholders. The

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