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Tinubu Reportedly Orders NNPCL to Transfer Crude Oil Revenues to CBN Amid Naira Free-fall

President Bola Tinubu has directed the CBN to assume control of the revenue generated from the sale of Nigeria's crude oil instead of the NNPCL.

Zainab iwayemiOlayemi cardosoUmar ajiyaBola tinubuCentral bankNigerian national petroleum company limitedPresident bola tinubuDirects bankTake over crude oil sales fromNew telegraphFederation accountChief financial officerStay informedCbn central bank of nigeria

Subsidy: NNPCL justifies non-remittance of fund into Federal Account

The Nigerian National Petroleum Company Limited, NNPCL, has revealed why it remitted literally zero funds to the Federation Account in 2022. The Chief

Umar ajiyaBola tinubuNigerian national petroleum companyNigerian national petroleum company limitedFederation accountChief financial officerChief financialPresident bola tinubu

NNPCL remitted zero allocation to Federation Account in 2022 – CFO

Ajiya said fuel subsidy stopped the revenue generating firm from remitting taxes and royalties to the Federation Account.

Umar ajiyaBola tinubuMuhtari danganaAutomotive gasoline oilNigerian national petroleum companyNigerian national petroleum company limitedFederation accountPremium motor spiritChief financial officerFederal governmentAudited financial statementDual purpose kerosenePricewaterhousecoopers chartered accountantsChartered accountants

Tinubu charges NNPCL board, firm projects 2mbpd oil production

We must address the problem of stealing and pipeline vandalisation in the Niger Delta. We are aware of the efforts in the past

Niger deltaNigeria generalAbuja federal capital territoryMusa tumsaMustapha aliyuEunice thomas akwa ibomDavid ogbodoPius akinyelureEunice thomasBabagana mongunoAjuri ngelaleBola tinubuBoard of the nigerian national petroleum companyPetroleum industryOrganisation of petroleum exporting countriesNational security adviser

NNPC pledges to produce 2m barrels of crude oil daily

Mr Akinyelure also promised that the board would overhaul the security architecture of the NNPCL to curb incidents of stealing.

Bola tinubuUmar ajiyaPius akinyelureDavid ogbodoAjuri ngelaleMele kyariMusa tumsaEunice thomasGhali muhammadMustapha aliyuPetroleum industryNigerian national petroleum company ltdNews agency of nigeriaNon executive board chairmanState housePresident bola

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