Senate Summons 15 Companies Over NGEP Intervention Fund Disbursement - Politics - Nairaland
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| Senate Summons 15 Companies Over NGEP Intervention Fund Disbursement by searchng4love: 8:31am On Nov 26, 2023 |
By Godwin Otang The Nigerian Senate through its Committee on Gas, has summoned 15 companies operating in Nigeria for an investigative hearing over the Nigeria Gas Expansion Program (NGEP) intervention fund disbursement. Chairman of the Committee who is the Senator representing Cross River Northern Senatorial District, Jarigbe Agom Jarigbe, mandated the affected companies to appear before the Senate on Thursday, 30h November 2023 at 2:pm. The companies are beneficiaries of the disbursement from the Nigeria Gas Expansion Program (NGEP) Intervention Fund by the Central Bank of Nigeria (CBN). The firms are required to appear with their Progress Reports stating the location of projects and the current status of the projects. Some of the companies and their amount of cash disbursement include: Nipco Gas Ltd_N25,000,000,000.00 Nipco Plc_N5,000,000,000.00 Hyde Energy Ltd_N2,000,000,000.00 Lee Engineering And Construction Company_N15,000,000,000 00 Pinnacle Oil And Gas Fze – N10,000,000,000.00 Transit Gas Limited – Oil Company Nig Ltd (Amocon)_N8,000,000,000.00 Amalgamated – N5,000,000,000.00 Gas Nexus Ltd – N10,000,000,000.00 First Modular Gas Systems Limited – N4,300,000,000.00 Novagas Limited – N1,000,000,000.00 Greenville Liquified Natural Gas Company N10,000,000,000.00 Ap Lpg Limited – N8,000,000,000.00 Dangote Oil Refinery – N5,000,000,000.00 Delta State Government – N20,000,000,000.00 Mob Integrated Services Limited – N2,500,000,000.00 Where's our yams?
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| Re: Senate Summons 15 Companies Over NGEP Intervention Fund Disbursement by searchng4love: 8:31am On Nov 26, 2023 |
I was expecting to see Gazzuzz on the list 1 Like |
| Re: Senate Summons 15 Companies Over NGEP Intervention Fund Disbursement by GAZZUZZ(m): 9:24am On Nov 26, 2023 |
searchng4love: Baba I am a very small fish in the scheme of things, infact fish poo  2 Likes |
| Re: Senate Summons 15 Companies Over NGEP Intervention Fund Disbursement by flokii: 9:34am On Nov 26, 2023 |
This country is irredemable.. see these private companies that collected Government money to do absolutely nothing. They compiled a list, shared NGEP money to them and collected their percentage.. even Delta State government was part of the scam. Good thing the Senate Committee on Gas summoned the companies, let them explain what and what they did with the money and when they plan to repay the money back to Government. |
| Re: Senate Summons 15 Companies Over NGEP Intervention Fund Disbursement by ariy(m): 9:49am On Nov 26, 2023 |
searchng4love: After all these, no company will be sanctioned or punished. Everything will die down naturally as usual |
| Re: Senate Summons 15 Companies Over NGEP Intervention Fund Disbursement by Guyman01: 10:12am On Nov 26, 2023 |
See as APC just dey dash Billions and Billions anyhow while Ronuists who struggle to buy data spend days online defending them. Sukanmi the FreeStuffsNG giver come and spin this one and divert our attention by telling us how Peter Obi also shared Billions as governor of Anambra State to 15 companies to produce beer🍺 |
| Re: Senate Summons 15 Companies Over NGEP Intervention Fund Disbursement by Hez143(m): 10:25am On Nov 26, 2023 |
make dem come tell us how dem spend our money |
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