FGN owes NNPC N2.8 trillion in subsidy payments, CEO reveals Group Chief Executive Officer of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has revealed that the Federal Government of Nigeria (FGN) owes the NNPC a staggering N2.8 trillion in subsidy payments. Kyari made this statement during a press conference held in conjunction with the Nigerian Mainstream and Downstream Petroleum Regulatory Authority (NMDPRA), represented by Chief Executive Farouk Ahmed. The conference took place following a closed-door meeting between Kyari, Ahmed, and President Bola Tinubu at Aso Rock, where Tinubu assumed office. Kyari explained...