Oil
NNPC remittance slips to N11.14trn in nine months
CEII brief
BusinessDay reported on 5 Nov 2026: NNPC remittance slips to N11.14trn in nine months.
Read the full story on BusinessDayStatutory remittance of the Nigerian National Petroleum Company Limited (NNPC) to the federal government slipped marginally to N11.14 trillion between read more NNPC remittance slips to N11.14trn in nine months
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © BusinessDay. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.