Senate, NNPC Agree $1.05 Billion Not Missing - Politics - Nairaland
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| Senate, NNPC Agree $1.05 Billion Not Missing by budaatum: 7:28pm On Dec 28, 2018 |
Senate, NNPC Agree “$1.05 billion NLNG fund Not Missing” The Senate Committee on Gas Resources and the Nigerian National Petroleum Commission (NNPC) have finally reached an agreement over the $1.05 billion NLNG fund. This agreement clarifies that the $1.05 billion, which was initially thought to be missing, was never missing at all. Instead, the money was, indeed, expended on the importation of refined petroleum products just like the NNPC had insisted all along. In the same vein, the NNPC has also claimed that being a state-owned company, it is empowered by section 7 of the NNPC Act to withdraw money from the Nigeria Liquefied Natural Gas (NLNG) dividend account. The NNPC’s Chief Financial Officer, Mr Isiaka Abdulrazaq, provided the necessary documents backing up the corporation’s action. By Emmanuel Abara Benson - Nairametrics |
| Re: Senate, NNPC Agree $1.05 Billion Not Missing by Johnpaul01: 7:42pm On Dec 28, 2018 |
2.8 billion naira oil money still missing, dem set up enquiry, Them say money no lost, them talk again, Enquiry kon close oo FELA was a prophet but we didn't notice 1 Like |
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