Senate probes NNPC over corruption allegations

Posted by News Express | 1 March 2017 | 1,621 times

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•NNPC Headquarters, Aba.


The Nigerian Senate has accused the Nigerian National Petroleum Corporation, NNPCm of corruption in the marketing of products as well as in its accounts between 2006 and 2016.

The Senate during plenary on Wednesday made the allegations.

This followed a motion by Dino Melaye over the growing rate of corruption in the NNPC.

Melaye said that excess products were sold off illegally and in opaque manner to private tank owners.

Fellow lawmaker Akpan Bassey, who said he was aware of the claims, supported Melaye’s motion.

Afterwards, the motion was unanimously supported by the Senators.

Following the support for the motion, Senate President, Bukola Saraki mandated the senate committee on petroleum (downstream) to “exhaustively” investigate the state-owned oil corporation over its accounts relating to fuel subsidy and alleged abuse of product marketing and distribution.

Saraki mandated the committee chaired by Kabiru Marafa to thoroughly conduct the investigation and come up with a report “as soon as possible”. (TV360 Nigeria)


Source: News Express

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