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Oil & Gas
NNPC: $3.4bn Saved Through Contract Restructuring, N19.5tn Remitted to Federation in 14 Months
THISDAY
Jul 8, 2026 · 05:53 WAT
The Nigerian National Petroleum Company Limited has saved 3.4 billion dollars through contract restructuring and remitted 19.5 trillion naira to the Federation Account over 14 months. Additionally, the federal government has engaged PwC to streamline taxes while maintaining joint venture cash call payments.