NNPC Modifies Crude Swap Scheme

The Nigerian National Petroleum Corporation (NNPC) has disclosed that it adjusted its crude oil-for-product swap scheme known now as Direct Sale-Direct Purchase (DSDP), to include not just oil volume allocated for domestic consumption, but also from the volume accruing to the Federal Inland Revenue Services (FIRS)-Petroleum Profit Tax (PPT). (Read more)

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