$3.5Bn NNPC Subsidy Under Investigation

By Akinwale Kasali

The Senate has set up an AD-HOC committee to investigate the $3.5bn NNPC subsidy money, and to ascertain what the money was used for.

This disclosure was made in a tweet on the verified Twitter handle of The Nigerian Senate, @NGRSenate.

“Senator Bassey Akpan cited Orders 43 and 95 and drew the attention of the Senate to the various emails and complaints from the general public on the unauthorised withdrawal of $3.5bn by NNPC from the NLNG account,” the Senate added.

“I ask that the Senate Committee on Gas immediately investigate this matter,” Senator
Bassey Akpan said; while Senator Emmanuel Paulker urged that “The ad hoc committee that was set up should carry on with their work, while the Committee on Gas should also investigate the matter.”

It would be recalled that there was attack and counter attacks from the different quarters as regards the issue, that became a major debate in the polity.