$2.4b oil revenue fraud: CNPP calls for independent investigation panel

Date:

Must Read

Tinubu failed power promise, deserves no second term – Makinde

Oyo State Governor and Allied Peoples Movement presidential candidate...

Peter Obi rejects ₦127B Anambra debt claim, releases handover record

Former Anambra State Governor Peter Obi has rejected claims...

Tinubu is a national security threat – Says Hashim, Accord presidential candidate

Accord Party presidential candidate Gbenga Olawepo Hashim has warned...

The Conference of Nigeria Political Parties (CNPP) has demanded an independent panel to probe the alleged loss of over $2.4bn in revenue from illegal sale of 48 million barrels of crude oil in 2015.

An ad-hoc committee of the House of Representatives investigating the matter had summoned the Attorney-General of the Federation, Abubakar Malami; the Minister of Finance, Zainab Ahmed and other officials over the issue.

CNPP Secretary-General, Willy Ezugwu, in a statement yesterday, said only an independent investigative panel could effectively probe the Nigerian National Petroleum Company Limited or any other parastatal or institution of government.

He said: “Nigerians had expected that a Buhari-led administration will end corruption in the country, especially in a government owned corporation or company like the NNPC, but this was not the case in the last eight years.”

spot_imgspot_imgspot_img

Latest News

logo-nn-news-small
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.