Revenue Projection In Letter To AGF Not Reflection Of Financial Standing, NNPC Clarifies…Pledges to Optimize Cost, Boost Remittance to FAACThe Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the media pertains only to the Federation revenue stream being managed by the Corporation and not a reflection of the overall financial performance of the Corporation. “The shortfall will be remedied by the Corporation as it relates only to the Federation revenue stream being managed by the NNPC and does not reflect the overall financial performance of the Corporation. The NNPC remains in positive financial trajectory for the period in question,” it stated. This has fueled reports of impending revenue shortfalls with dire consequences for the various tiers of government. NNPC, however, assures that it would continue to meet its financial obligations to the Federation.