External Auditors To Examine NNPC ₦2.6 Trillion Fuel Subsidy Claim

Tinubu Approves NNPC's Request To Pay Petrol Subsidy

The Federal Government has commenced efforts to enlist the services of an external auditor to verify the Nigerian National Petroleum Company Limited’s (NNPC) ₦2.7 trillion fuel subsidy claim. This move comes five months after the proposal was first raised at the Federation Allocation Accounts Committee (FAAC) meeting in April 2024. The external auditor, whose identity […]

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Nigeria’s GDP Soars By 3.19%

Nigeria’s GDP Soars By 3.19%

Nigeria’s real Gross Domestic Product (GDP) experienced an increase of 0.21 percentage points in the second quarter of 2024 (Q2’24), rising to 3.19 per cent from 2.98 per cent in the first quarter (Q1’24). This information was contained in a recent National Bureau of Statistics (NBS) publication. In its GDP report, the NBS highlighted that […]

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