Tinubu approves NNPC’s request to use 2023 dividends for fuel subsidy payments President Bola Tinubu has approved the Nigerian National Petroleum Company (NNPC) Ltd’s request to use the 2023 final dividends due to the federation to cover fuel subsidy payments, as reported by The Cable. The president has approved the suspension of 2024 interim dividends to enhance NNPC's cash flow. This decision comes as the national oil company grapples with the financial strain imposed by the ongoing fuel subsidy. The NNPC informed the president that, due to these subsidy payments which it has...