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Nigeria: NNPC Earns N453.4bn From Frontier Exploration Fund, Posts 36% Shortfall

Summary by allAfrica
Abuja -- The Nigerian National Petroleum Company Limited (NNPC Ltd) received over N453.455 billion in the 12 months of 2025 from the newly established Frontier Exploration Fund (FEF), latest data from the Federation Account Allocation Committee (FAAC), has shown.

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allAfrica broke the news in South Africa on Tuesday, February 17, 2026.
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