NNPC Denies Non-remittance of N4 .76trn into Federation Account

Hamilton Nwosa
Writer
No Impending Scarcity Of Products, NNPC Refutes Rumours

Ad

Choosing between the death of Nigerian democracy and electoral reforms, by Owei Lakemfa

By Owei Lakemfa When doctors recommend 16 major surgeries and 21 minor ones for a patient, no divination is needed to tell you the patient is in a grave situation. This is the situation with the Nigerian electoral process where teams of civil society associations have recommended 21 constitutional and 16 Electoral Act amendments. These…

Court voids Pat Utomi’s shadow govt, says concept alien to Nigeria’s system

By Obinna Uballa A federal high court in Abuja on Monday restrained Pat Utomi, professor of political economy, and his associates from proceeding with their plan to establish a shadow government in the country. Delivering judgment in a suit filed by the Department of State Services (DSS) on Monday, Justice James Omotosho declared that the…

Reactions as FG Makes Thesis Submission prerequisite for NYSC participation

By Abiola Olawale Mixed reactions have begun to trail the decision of the Federal Government to make thesis and project submission mandatory for all prospective National Youth Service Corps (NYSC) members. This comes as the policy, effective from October 6, 2025, ties NYSC mobilisation and exemptions directly to compliance with the National Policy for the…

Ad

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.

NAN

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp