Tinubu Cancels $1.42bn NNPC Debt

Dailytrust | 30-12-2025 10:12am |

President Bola Ahmed Tinubu has approved the cancellation of a significant portion of the Nigerian National Petroleum Corporation’s (NNPC) outstanding debts. The development will see the wiping out of approximately $1.42 billion in legacy obligations. In a statement shared on its X handle on Monday, the Presidency said the decision was detailed in a document

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