Senate Probes Alleged NNPC’s Non-remittance Of Oil Proceeds Reviewed by Momizat on . The Nigerian Senate is to investigate an allegation that the National Petroleum Corporation (NNPC) failed to remit 48.9 billion dollars oil proceeds to the Fede The Nigerian Senate is to investigate an allegation that the National Petroleum Corporation (NNPC) failed to remit 48.9 billion dollars oil proceeds to the Fede Rating: 0
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Senate Probes Alleged NNPC’s Non-remittance Of Oil Proceeds

The Nigerian Senate is to investigate an allegation that the National Petroleum Corporation (NNPC) failed to remit 48.9 billion dollars oil proceeds to the Federation Account.

Senator Olubunmi Adetunmbi requested that the Senate should probe the NNPC based on an allegation against it by the Governor of the Central Bank of Nigeria, Mr Sanusi Lamido Sanusi.

Mr Sanusi had accused the corporation of failing to remit the money to the Federation Account between 2012 and July 2013.

After deliberations on the issue, the Senate President, David Mark, directed the Committee on Finance to investigate the allegation and present its report to the Senate in seven days.

Senator Adetunmbi said that the Committee on Public Accounts had written to the CBN seeking further clarification on the issue that has received increasing media attention, a situation that spurred the Senate into looking at the issue.

A lawmaker, Senator Olusola Adeyeye, was not pleased with the Senate President’s decision.

The matter however assumed a political dimension when senators from the All Progressives Congress called a press conference and requested that Nigeria’s President, Goodluck Jonathan, should take a prompt action on the allegations.

Senator George Akume was also against the Senates President’s decision. He pointed out that the presidency had not implemented the recommendations of previous probes by the National Assembly.

“The fuel subsidy probe and the pension scam probe recommendations have not been implemented by the president,” he said.

He asked the presidency to ensure that the issue would not be swept under the carpet.

House To Probe Increase In Power Charge

Meanwhile, the House of Representatives has mandated its Committee on Power to investigate and determine if Nigerians are being over charged.

The motion, sponsored by Hassan Saleh, a lawmaker from Benue state, said several complaints have been made against the upward review of the amount being paid as service charge.

The motion was unanimously passed without a debate.

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  • NNbeliever

    if non of the past corruptions were’t probed, whate is Goodluck doing there as the president and why should he want to run again? Africa with the worst greedy men on Earth.

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