BPP Helping Rivers Save Billions

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Director General of Rivers Bureau on Public Procurements, RSBPP, Mr. Franklin Nlerum, has said that the people of the state get value for money spent on projects and the provision of infrastructures, as Governor Rotimi Amaechi had made consistent and effective use of RSBPP, which has led to the state saving billions of naira.

REVEALED: How NNPC And Swiss Traders Drain Nigeria BILLIONS Of Dollars

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A new report has detailed how the Nigerian National Petroleum Corporation, NNPC, in cohort with major Swiss oil trading companies, is draining Nigeria of billions of dollars of revenue through the sale of crude oil below the market value.

House Committee Orders Arrest Of 3 Top NNPC Staff Over Missing Funds Running Into Billions Of Dollar

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House of Representatives Committee on Public Account has ordered the Inspector General of Police, Mr Mohammed Abubakar, to arrest and bring before the committee, the Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Engineer Andrew Yakubu, the Executive secretary, Petroleum Products Price regulatory Agency (PPPRA), Mr Reginald Stanley, and the Director Department of Petroleum Resources, Mr Augustine Olorunsola.

This is as a result the refusal of the trio to appear before the committee to defend the multi-billion dollar Auditor-General of the Federation query dated back to 2007. The IGP has therefore been given an ultimatum to ensure that the three individuals were brought before the committee in person by 1.00pm today.