follow and like on:

By Kingsley Okoye

The Nigerian National Petroleum Corporation (NNPC) has denied non remittance of N4.76 trillion to the federation account as claimed by the 2016 report of the Office of Auditor -General of the Federation (OAGF).

Mr Umar Ajiya, NNPC Chief Financial Officer, said this when he appeared before Senate Committee on Public Accounts to defend queries raised by AOGF against the corporation.

Umar said that the issue in question had to do with domestic crude that NNPC lifted to either refine and sell in exchange for refined products imported to the country.

follow and like on:

Published By

Ifeanyi Nwoko

Has also recently published

• General NewsMarch 12, 2021LEDAP urges NASS to insert gender diversity into constitution
• HealthMarch 12, 20212021 World Kidney Day: Health workers advise Nigerians on regular checkups
• General NewsMarch 12, 2021ECOWAS Speaker lauds renewed commitments of Nigerian MPs
• General NewsMarch 12, 2021$797m outstanding Levy: ECOWAS Parliament holds Session on improving funding