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Tag "Subsidy fund"

Finance ministry: We’re not aware of alleged $3.5 billion subsidy fund

    Finance ministry: We’re not aware of alleged $3.5 billion subsidy fund

The federal ministry of finance has denied knowledge of a $3.5 billion fund allegedly kept and utilised by the Nigeria National Petroleum Corporation (NNPC) for fuel subsidy. Mahmoud Isa-Dutse, permanent

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NNPC: We don’t have $3.5bn subsidy fund in our custody

    NNPC: We don’t have $3.5bn subsidy fund in our custody

The Nigerian National Petroleum Corporation (NNPC) says it does not have a $3.5 billion subsidy fund. On Tuesday, the senate resolved to probe the subsidy recovery fund said to be

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