Reports alleging NNPC in Financial Straits Fake – Obateru

NNPC insists on N112bn deduction from Remittance to the Federation Account, says Revenue Projection in Letter to AGF Not Reflection of Financial Standing   The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the media pertains only to the Federation revenue stream being managed by the Corporation and not a reflection of the overall financial performance of the Corporation. A press release by the Corporation’s spokesman, Dr. Kennie Obateru, stated that the clarification…

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