NNPC's Subsidy Remittance Shortfall: World Bank Report

Posted: 2025-05-13 11:59:34 UTC

#Nigeria

#Subsidy

#WorldBank

#NNPC

#Remittance

#FederationAccount

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This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.

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2025-05-13 11:59:43 UTC

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The World Bank reports that NNPC is remitting only 50% of subsidy proceeds to the federation account.

NNPC's remittance of subsidy proceeds

Federation account revenue

World Bank's report on the issue

Under-remittance of subsidy proceeds by NNPC

Potential impact on the federation account