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Arise News·4 min read·medium

NNPC Saves $3.4bn Through Reforms, Remits N19.5tn To Federation In 14 Months

NNPC Saves $3.4bn Through Reforms, Remits N19.5tn To Federation In 14 Months
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The Nigerian National Petroleum Company (NNPC) reported $3.4 billion in savings and significant remittances to the federation account over a 14-month period. The government is also reviewing over 270 oil sector charges to improve fiscal competitiveness.

NNPC reports $3.4 billion in savings, N19.5 trillion remitted, as government moves to streamline 270 oil sector charges.

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