News$3.5Bn NNPC Subsidy Under Investigation

$3.5Bn NNPC Subsidy Under Investigation

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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.”

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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.

 

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