Monday 7 October 2013

NNPC Denies Owing FG N2.3 Trillion

The NNPC has debunked the allegation that it owes the federation account N2.3 trillion.
According to the Acting Group General Manager, Group Public Affairs Division of the Corporation, Tumini Green, it is untrue that the NNPC has not remitted its share of revenue to the federation account.
She says; ‘we wish to state without any equivocation that we do not owe the federation account any money as at today, taking into account outstanding subsidies and other associated costs of operations and losses. We have consistently paid all monies due to the federation account into its Central Bank of Nigeria account as we receive them.’
Miss Green’s comment was in response to the Edo state governor, Adams Oshiomole’s accusation that the NNPC is owing the federation account N2.3 trillion. She said the corporation remains resolute in addressing the series of accusations for the purpose of establishing facts for the public.
Source: ChannelsTv

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