Nigeria’s president, Bola Tinubu has reportedly approved a request by the Nigerian National Petroleum Company (NNPC) Limited to utilise the 2023 final dividends due to the federation to pay for petrol subsidy. Tinubu equally approved the suspension of the payment of 2024 interim dividends to the federation in order to augment NNPC’s cash flow, TheCable […]
The post NNPC gets Tinubu’s approval to use federation’s dividends to pay fuel subsidy – Report first appeared on Business Hallmark.