Tag Archives: debt owed

Reps query NNPC on N24bn petrol subsidy

The House of Representatives has again queried the N24bn which the Nigerian National Petroleum Corporation claim it incurs monthly on payment of subsidy on imported Premium Motor Spirit popularly known as petrol. The lower chamber described the expenditure as “an act of illegality” as the funds are allegedly paid without appropriation by the National Assembly. The landing cost of a ...

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