Harder times ahead for state governments as NNPC projects zero remittance for May

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Tribune Online
Harder times ahead for state governments as NNPC projects zero remittance for May

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Following the latest disclosure by the Nigeria National Petroleum Corporation (NNPC) that its projected monthly remittance to the federation accounts allocation committee (FAAC) for May will be zero, there are fears that this will affect the monthly allocation to states for the coming months, and make them unable to meet their statutory obligations such as […]

Harder times ahead for state governments as NNPC projects zero remittance for May
Tribune Online



Source: Nigerian Tribune