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NNPC’s Federation receivables fall to ₦11.2 trillion after energy security costs offset

NNPC’s Federation receivables fall to ₦11.2 trillion after energy security costs offset

By GhanaSummary NewsroomNigeria

31 trillion in 2025, following the reconciliation of energy security costs owed to the company by the Federal Government.67 trillion in energy security cost receivables from the outstanding balance after netting against royalties, taxes, and dividends due to the Federation.

The company only stated that: “Other receivables from the federal government relate to advance payments to the federation and the security costs incurred in protecting the oil and gas assets,” the statement noted.

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