Nigerian Govt Owes State Oil Firm U.S.$8.1 Billion


An official says the Nigerian government owes Nigerian National Petroleum Corporation more than U.S.$8.1 billion in subsidy payments.
  • Nigeria:  FG Owes NNPC U.S.$8.1 Billion in Subsidy

    This Day, 21 November 2012

    The Federal Government owes the Nigerian National Petroleum Corporation (NNPC) more than $8.1 billion in subsidy payments, the Associated Press reported, quoting an unnamed NNPC ... read more »

Photo: Vanguard

The Nigerian National Petroleum Corporation (NNPC) has asked the committee to prove allegations of misdeeds levelled against it in the subsidy report.