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Senate Sets Up Committee to Investigate $3.5bn NNPC Subsidy

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2018/11/06
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The Senate says it has set up an ad hoc committee to investigate the use to which the sum of $3.5bn alleged subsidy was put.

This was contained 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.”

TAGGED:NNPC SubsidySenate
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ByFarouk Mohammed
Publisher
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
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