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Economy
President Bola Tinubu has given the green light for the Nigerian National Petroleum Company Limited (NNPCL) to utilize its 2023 dividends, initially intended for the federation, to address the increasing costs of the nation’s petrol subsidy. The Cable report. This decision comes as the NNPCL faces soaring subsidy costs, projected to reach N6.884 trillion by the end of 2024. To ease the financial strain on the state-owned oil giant, Tinubu…
