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Tinubu cancels $1.42bn and N5.57tn of NNPCL’s legacy debts to federation account - Source News

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Tinubu cancels $1.42bn and N5.57tn of NNPCL’s legacy debts to federation account

Nairametrics•2 months ago•centre•Credibility: 75/100

President Bola Tinubu has approved the cancellation of a substantial portion of debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account, wiping off about $1.42 billion and N5.57 trillion. The post Tinubu cancels $1.42bn and N5.57tn of NNPCL’s legacy debts to federation account appeared first on Nairametrics.

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Tinubu cancels $1.42bn and N5.57tn of NNPCL’s legacy debts to federation account

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