NNPC made no dollar remittance to Federation Account for 8 Months

04 January 2016, Abuja – The Nigerian National Petroleum Corporation NNPC has swept all the proceeds it made from oil and gas exports since April, 2015 to service Joint Venture (JV) Cash Call funding, implying, according to the report, a zero remittance to Federation Account from its operations. The oil company report made available yesterday showed […] More »