President Muhammadu Buhari on Friday through the Head of Service of the Federation, HoS, Danladi Kifasi sacked the board of the National Petroleum Co-operation, NNPC, with immediate effect.

The Head of Service who in a statement dated June 26, 2015 stated that the President thanked members of the dissolved board for their services to the nation.

Before now, the Senate had on Wednesday June 24, 2015 summoned the leadership of the NNPC to appear before it so as to examine the conditions of the nation’s four refineries.

Investigation revealed that the NNPC has often been seen by President Buhari as the goose that lays the golden egg but allegedly riddled with corruption and oil cabals who had held the nation to ransom.

Buhari who was one time the head of the NNPC during the military era of Former President Olusegun Obasanjo had vowed during his 2015 presidential election campaign that he would probe the oil sector.

During the campaigns, he promised to probe the $20 billion alleged to be missing from the coffers of the oil giant by Emir of Kano Muhammed Sanusi, a claim he made when he was the governor of Central Bank of Nigeria.

Former President Goodluck Jonathan sacked him from the CBN for the claim which he considered untrue and embarrassing to his Government because the figures he was reeling out were inconsistent.

Speaking in Yola immediately after the presidential election, Buhari said: “I heard that some people have started refunding money, but I will not believe until I see it.

“His royal highness, the Emir of Kano, Sanusi Lamido Sanusi was removed from the Central Bank because he said that about $20 billion was missing, instead of the Government to investigate the matter, they refused, instead they sacked him.

“He has already written a detail report on it, the incoming government will not ignore it, even though we have promised to draw a line, but $20 billion is too big to ignore.

“This is Nigerian money and it must be investigated.”

According to an All Progressives Congress, APC, source, the new administration of Buhari... READ MORE: http://www.post-nigeria.com/exclusive-why-buhari-sacked-nnpc-board/