Tinubu writes off trillions of NNPC debt, eases federation account burden
[Hallmark - Nigeria] - 29/12/2025
President Bola Tinubu has approved the cancellation of the majority of the Nigerian National Petroleum Company Limited’s (NNPC Ltd) debts to the Federation Account, wiping off about $1.42 billion and N5.57 trillion in a major fiscal cleanup. The directive, detailed in a report by the Nigerian (…)
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