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N13.7tn Federation Account revenue withheld by NNPCL – FAAC report

The Nigerian National Petroleum Company Limited has withheld a staggering N13.763tn in revenue from the Federal Government, exacerbating struggles to fund the national budget. This is according to documents obtained from the Federal Accounts Allocation Committee following its January 2025 meeting on Wednesday. This amount covering a period between 2012 and 2024 has significantly impacted Read More


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