The Nigerian National Petroleum Corporation has explained that it spent $1.7bn (N966bn) to repair pipelines between 2010 and 2015.
NNPC stated this in response to the query raised in the 2016 report of the Auditor General for the Federation The Chairman of the Senate Public Account Committee, Senator Mathew Urhoghide, is currently scrutinising the AuGF report. The Senate panel insisted that the NNPC had a case to answer on why it allegedly failed to remit N4tn into the federation account as contained in the AuGF report…
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