State representatives boycotted the meeting, insisting that NNPCL must first settle an estimated N1.7 trillion in pending revenues, which have remained unpaid since the full removal of the petrol subsidy in November 2024. It was unclear whether the meeting will be rescheduled later this week.

NNPC’S inability to remit the expected amount was attributed to several Financial Commitments, including crude swaps and forwards, which the oil company has been leveraging to sustain its operations