Showing posts with label Mismanagement. Show all posts
Showing posts with label Mismanagement. Show all posts

Tuesday, November 5, 2013

Mismanagement: NNPC Can’t Account For ₦500bn Subsidy Fund – Senate




The Senate on Tuesday lamented that officials of the Nigerian National Petroleum Corporation failed to honour its invitation to give account of how they managed the  N32.00 removed as subsidy on each of the litre of petrol sold in the country between January 2012 and September 2013

Members of the  Senate Ad-hoc Committee on the Subsidy Reinvestment and Empowerment Programme raised the alarm while addressing journalists, two hours after officials of the NNPC and the Central Bank of Nigeria failed to honour an appointment with them.

ST

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