So This Happened (EP 377):Tinubu halts NNPCL deductions, orders audit of power sector subsidy claims

The Federal Government has stopped the Nigerian National Petroleum Company Limited from making automatic revenue deductions before remitting funds to the Federation Account, a move that could affect over ₦2.1 trillion in past transactions. At the same time, subsidy claims of about ₦6 trillion submitted by electricity generation companies were reduced to ₦2.8 trillion after an audit. The twin decisions signal a shift toward stricter financial oversight, though experts warn of possible investment uncertainty in key sectors. Related News Services drive GDP growth to 4.07% in Q4 2025 - NBS State police: Constitutional amendment must prevent govs’ abuse, Tinubu tells Reps Opposition crying over lost chance to plunder Nigeria's resources – APC secretary #viralpost #sothishappened #punchnewspapers #Tinubu #NNPCL #PowerSector #NigeriaEconomy #PublicFinance At the same time, subsidy claims of about ₦6 trillion submitted by electricity generation companies were reduced to ₦2.8 trillion after an audit. The twin decisions signal a shift toward stricter financial oversight, though experts warn of possible investment uncertainty in key sectors. Related News Services drive GDP growth to 4.07% in Q4 2025 - NBS State police: Constitutional amendment must prevent govs’ abuse, Tinubu tells Reps Opposition crying over lost chance to plunder Nigeria's resources – APC secretary #viralpost #sothishappened #punchnewspapers #Tinubu #NNPCL #PowerSector #NigeriaEconomy #PublicFinance #viralpost #sothishappened #punchnewspapers #Tinubu #NNPCL #PowerSector #NigeriaEconomy #PublicFinance