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NNPCL demands N4.7tn petrol imports refund

By Damilola Aina The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to import Premium Motor Spirit, popularly called petrol, into the country. The claim was listed as “Exchange rate differential on PMS and other joint venture taxes” on petrol products imported by…

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