NNPC incurs N11.2 trillion cost on behalf of FG, eclipsing petrol subsidy bill

BusinessDay | 30-09-2026 01:08pm |

The Nigerian National Petroleum Company Limited (NNPC) recorded N11.2 trillion in receivables from the Federation in 2025. This amount is for costs incurred on behalf of the Federal Government. The figure exceeds the country's petrol subsidy bill.

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