NNPC’s debt waiver: Writing off accountability

Vanguardngr | 08-01-2026 12:32pm |

Nigeria’s oil governance has again come under public scrutiny following President Bola Ahmed Tinubu’s approval of the write-off of about $1.42 billion and N5.57 trillion in legacy debts owed by the Nigerian National Petroleum Company, NNPC, Limited to the Federation Account. According to the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, October 2025 Revenue Collection Report,

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.