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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 »

Vanguard

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

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