Advertisement TheCable understands that the report has been sent to the government through the ministry of finance which NNPC and others report remittances to. In April, the NNPC had written Ahmed Idris, accountant-general of the federation, informing him that the c In a copy of the letter seen by TheCable, the corporation said N111.96 billion would be deducted from April 2021 oil and gas proceeds — due to the FAAC in May — noting that the deduction was necessary to ensure the continuous supply of petroleum products to the nation and guarantee energy security. Advertisement The NNPC, in reaction, said the ThisDay reports that the petroleum corporation, in a document signed by Bello Abdullahi on behalf of Umar Isa Ajiya, chief financial officer of NNPC, said it was still bearing the burden of the differentials from the sale of premium motor spirit (PMS), better known as petrol.