Breaking: FAAC: NNPC deducts N139bn for subsidy in 3 months……

Nigerian National Petroleum Corporation, NNPC, deducted N139.333 billion as subsidy for Premium Motor Spirit, PMS, also known as petrol, from its domestic crude oil and gas sales proceeds between January and March 2018, cutting down on its remittances to the Federation Account. This was obtained from the March 2017 Monthly Financial and Operations Report, released, […]

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