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