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Senate Mandates Committee to Probe NNPC Over Alleged N5.1 Trillion Subsidy Fraud

Mar 2, 2017 - The Guardian (London)

The Senate yesterday mandated its Committee on Petroleum (Downstream) to investigate the Nigerian National Petroleum Corporation (NNPC) over claims that it mismanaged N5.1 trillion subsidy funds between 2006 and 2015.

Adopting a motion sponsored by Dino Melaye (APC, Kogi West) and titled "Discrepancies in subsidy payment and non-remittance of funds by the NNPC to the Federation account", the upper chamber of the National Assembly directed the panel to exhaustively audit the accounts of the

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