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PWC Forensic audit of NNPC reveals $1.28bn in subsidy scam

PricewaterHouse Coopers PWC on the financial management of the NNPC has revealed that there were many cases of duplicated subsidy payment by the NNPC to many oil marketers between 2012 and 2013. According to the report, payment of subsidies for petrol (PMS) and kerosene (DPK) between January 2012 and July ...

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