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Tag: Debts

Tinubu Government Clears NNPC’s ₦5.5 Trillion, $1.4 Billion Pre-2025 Debts
  • Business

Tinubu Government Clears NNPC’s ₦5.5 Trillion, $1.4 Billion Pre-2025 Debts

ALO3605 months ago5 months ago03 mins

President Bola Tinubu has authorized the waiver of a substantial amount of debt owed to the Nigerian National Petroleum Company Limited. This debt waiver is aimed at outstanding debts up to the 31st of December 2024. The decision comes after an intensive reconciliation process. Stakeholders reviewed records between NNPC and the Federation Account. As a…

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