NNPC, NUPRC remit N322bn, $116.9m after Tinubu order.
The Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted more than N322bn and $116.9m into the Federation Account within two months following the implementation of Executive Order 9 signed by President Bola Tinubu in February 2026. The remittances were disclosed in documents presented at recent Federation Account Allocation Committee meetings, showing that the inflows followed the Federal Government’s directive mandating the full transfer […]