Leadership
The Nigerian National Petroleum Corporation (NNPC) petrol subsidy value shortfall of N270.83 billion will be recovered from the December, 2021 proceed due for sharing at the January, 2022 FAAC meeting.
This was contained Corporation’s presentation to the FAAC meeting held in Abuja last week and obtained by LEADERSHIP yesterday.
In another development, the corporation said a total sum of ₦203.73billion was realized as proceeds for the sale of white products in the month of July 2021 by the Petroleum Products Marketing Company (PPMC), a downstream subsidiary of the NNPC Ltd.
This was contained in the July 2021 figures of the NNPC Monthly Financial and Operations Report (MFOR), the 72nd edition of the Report…
