NNPC Pays N450bn Debt To Federation Account - Business - Nairaland
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| NNPC Pays N450bn Debt To Federation Account by kelvenxxy: 12:40pm On Jun 23, 2017 |
The Nigerian National Petroleum Corporation (NNPC) has finally offset its indebtedness of N450bn to the Federation Account. The Permanent Secretary, Federal Ministry of Finance, Mahmoud Isa-Dutse, confirmed this development at a media, On Thursday. After the Federation Accounts Allocation Committee (FAAC) meeting in Abuja on Thursday. “As regards the NNPC repayment, the figure is zero because the NNPC has finished making the payment that they are supposed to make,” Dutse said. According to Punch reports. The N450bn indebtedness has been a subject of controversy since 2010 following discoveries that the corporation failed to remit part of the revenue it generated for the country to the Federation Account Read More @ https://www.naijacouch.com/2017/06/23/nnpc-pays-n450bn-debt-federation-account/
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| Re: NNPC Pays N450bn Debt To Federation Account by knight05(m): 1:59pm On Jun 23, 2017 |
can fed govt just dash Lautech #7b to settle our staffs on strike?? |
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