Tinubu’s NNPC order cuts deductions to N8.4tn – W’Bank

The Punch | 16-10-2026 02:10am |

A World Bank report says President Tinubu's order stopping certain NNPC retentions cut Federation Account deductions from N10.1 trillion to N8.4 trillion in the first half of 2026. The report highlights the impact of the presidential directive on national finances. The reduction is expected to free up more funds for the Federation Account.

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