NNPC remits N4.7tr as oil revenue shortfall hits $5.7b

Losses to oil production targets, yesterday, hits $5.7 billion (about N8.7 trillion) in the first five months of 2025, as the Nigerian National Petroleum Company Limited (NNPCL) remitted N4.7 trillion to the federation account in the first three months of the year.

Kingsley Jeremiah, Abuja