NNPC’S OIL REVENUE REMITTANCE TO FAAC DROPS BY N382M

The Nigerian National Petroleum Corporation (NNPC) monday said its monthly naira remittance to the federation account dropped by N382 million from N86,340,969,392 to N85,958,157,358 in the month of January.

The corporation, in its January financial and production report which was released yesterday, also explained that it has cut its monthly loss figures from N11.86 billion which it previously recorded in its December records to N3.55 billion.

 

Read more @ Thisdaylive