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NNPC’s Failure To Remit Funds Has Plunged Many States Into Distress – Governor El-Rufai

El-Rufai said NNPC’s failure to remit revenue into FG’s account has plunged some states into distress.

Kaduna State Governor, Nasir El-Rufai has expressed concern over the nation’s dwindling economy which he attributed to the Nigerian National Petroleum Company (NNPC) Limited.

NNPC’s Failure To Remit Funds Has Plunged Many States Into Distress – Governor El-Rufai

Nasir El Rufai Tackles NNPC

The governor spoke at the 2022 Tax Dialogue organised by the Kaduna State Revenue Service held in the state capital on Monday.

According to him, the inability of the NNPC to remit any revenue into the federation’s account since the beginning of this year has put many states into severe financial distress.

El-Rufai said the federal and state governments now rely on revenues and taxes generated by the Federal Inland Revenue Service and Nigerian Customs Service for survival.

He lamented that the situation has led to the inability of most states to pay salaries and fulfil their social contract to citizens.

This comes a few weeks after Governor Nasir El-Rufai called on the federal government to sell everything in the oil and gas sector before it brings Nigeria to its knees.

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