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NNPC claims it lost N111.42 billion worth of crude oil and products in its custody between 2015 - 2017. This is separate from the N427 billion it claimed as financial losses incurred at its corporate headquarters alone, CHQ within the same period.
#FixOurOil
NNPC claims it lost N111.42 billion worth of crude oil and products in its custody between 2015 - 2017. This is separate from the N427 billion it claimed as financial losses incurred at its corporate headquarters alone, CHQ within the same period.
#FixOurOil
NNPC paid N450 billion as subsidy to oil marketers without approval of the National Assembly. As a result, PMS 'consumed' JUMPED from 24.1m litres/day to a peak of 52.7m liters/day in March 2017. The extra, cheap fuel is sent out for sale neighbouring countries.
#FixOurOil
#FixOurOil
NNPC deducted N427 billion from Nigeria's crude oil revenue - without approval of the National Assembly @nassnigeria - to cover 'financial losses' at its corporate headquarters, CHQ alone between 2015 - 2017.
This is more than the 2018 budget for Health of N356bn.
#FixOurOil
This is more than the 2018 budget for Health of N356bn.
#FixOurOil
Join us at 12:00 pm as we discuss the Petroleum Industry Administration Bill @NRGInstitute @OSIWA1 #FixOurOil
What is the Bill meant to do? #FixOurOil
What is the objective of the PIAB? What is it meant to achieve? #FixOurOil
