Zero Remittance

Nigeria: Concerns as NNPC Recorded Zero Remittance to Federation Account in January

Despite the rising international prices of oil, the Nigerian National Petroleum Company (NNPC) Limited failed to remit its statutory funding…

3 years ago

Nigeria: Bauchi Governor Says Zero Remittance from NNPC to FAAC a Recipe for Chaos

Bauchi State Governor, Senator Bala Mohammed, Thursday warned that Nigeria will be in chaos and financial hardship if the NNPC…

4 years ago

Harsher Times Ahead for Nigeria as NNPC Says ‘Zero Remittance to Federation’ in May Due to $275m Spent on Subsidy

The three tiers of government, federal, states and local governments, are in for tough times next month as they may…

4 years ago