NNPC Debt

KEY POINTS President Bola Tinubu has approved the cancellation of massive legacy debts owed by the Nigerian National Petroleum Company Limited, NNPC, to the country’s central treasury. The debts, totaling …

Nigeria’s gas crisis worsens as unpaid bills drive away suppliers, threatening fuel shortages. The $6 billion NNPC debt, rising global fuel costs, and a reinstated fuel subsidy strain the nation’s …