•Tinubu and ADC logo The African Democratic Congress (ADC) has condemned President Bola Ahmed Tinubu’s approval of the cancellation of legacy debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account, saying such action violate Section 162 of the Constitution. The party also warned that President Tinubu...
•Finance Minister Wale Edun and Tinubu President Bola Tinubu has approved the cancellation of a substantial portion of the debts owed by the Nigerian National Petroleum Company Limited to the Federation Account, wiping off about $1.42bn and N5.57tn after a reconciliation of records between both parties. This is contained in a document prepared...
•Fuel scarcity Global suppliers of petrol are no longer enthusiastic about supplying the product on credit to the Nigeria National Petroleum Company Limited (NNPCL) due to piling debts. Competent industry sources told our correspondent last night that NNPCL, which solely imports the product using supply agents, is apparently weighed down by ov...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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