NNPC remittance to federal account drops to N10.54 billion in November 2021

The Nigerian National Petroleum Corporation (NNPC) remitted a sum of N10.54 billion to the Federation Account Allocation Committee (FAAC) in November 2021 from the proceeds of the sales of crude oil and gas in the previous month.
The net revenue remitted to the federal account reduced yet again, this time by 29.1% compared to N14.85 billion recorded in the previous month. The amount has continuously declined in the past three month, hitting a record low in the review period.

Source: https://nairametrics.com/2021/12/24/nnpc-remittance-to-federal-account-drops-to-n10-54-billion-in-november-2021/[/vc_column_text][/vc_column][/vc_row]