NNPC faces Probe challenge by Senate for alleged unremitted N5.1trn

Must Read

Israeli Researchers Announce Breakthrough On Coronavirus Vaccine

Chen Katz, MIGAL’s biotechnology group leader, has announced that researchers at the Israeli research institute has found an effective...

Coronavirus: Increase Prices Of Face Mask, Sanitizer And Go To Jail – FG

Following the now-trending reports that prices of face mask, sanitizers and hand washers have now gone up as the...

Picture Of Italian Man Infected With Coronavirus Surfaces Online

Lagos Commissioner for Health, Prof. Akin Abayomi visited the Italian man, who is the index case for the Novel Coronavirus...

Coronavirus Could Strike Every Country On The Planet – WHO

The deadly Coronavirus could strike every nation on the planet as the crisis won't slow down anytime soon, the...

How I Vowed Never To Deceive Those Who Elected Me – Senate President

Senate president Ahmed Lawan has revealed that he made a promise never to deceive people who elected him into...
The Nigerian Senate is set to investigate the , NNPC, over allegation of fuel subsidy money not accounted for to the tune of N5.1 trillion collected between 2006 and 2015. This was raised yesterday (Monday), during plenary,as  Senator Dino Melaye, APC, Kogi, drew the attention of the Senate to what he described as huge amount allegedly collected by NNPC, but was not accounted for following the records available.
Melaye, who called for a holistic investigation into the corporation for alleged malfeasance of the nation’s common patrimony, however, pleaded with the Senate that he would come up with a substantive motion on the matter the next day (today) According to him, the time to probe the alleged monumental corruption in NNPC is now.
He added that some oil companies in connivance with Pipeline and Product Marketing Company, PPMC, allegedly stole litres of refined products from government to the tune of N2 billion monthly. Melaye, who noted that corruption was responsible for high cost of diesel in the country, asked the Senate to investigate how AGO and PMS mysteriously disappeared from farm tanks and the proceeds end in private pockets.

In his remarks, Senate President Bukola Saraki, who noted that the matter bothered strongly on the fight against corruption, however, granted Melaye’s request to come forward with a substantive motion today.

- Advertisement -
Ad ==> Discover how a young Nigerian graduate now makes a consistent 40k per week doing a legitimate online business. You too can start yours now, click here!!!


Please enter your comment!
Please enter your name here

More Articles Like This

- Advertisement -