NNPC’s FAAC Deductions Increasing Nigeria’s Fiscal Deficit – Experts


Economists have said the Nigerian National Petroleum Company Ltd.’s huge deductions from the Federation Account Allocation Committee (FAAC) is exposing the nation’s economy to unprecedented fiscal deficit. In January this year, the NNPC hinted of plans to deduct over N1 trillion in the next six months from FAAC following the decision of the federal government […]

Source: Leadership Newspaper