Compel NNPCL to remit $34.2b to federation account, Falana tells finance minister

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 94%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Human rights lawyer and a Senior Advocate of Nigeria (SAN), Femi Falana, has called on Minister of Finance, Olawale Edun, to direct Nigerian National Petroleum Company Limited (NNPCL) to remit $34.2 billion to the federation account, being money received on behalf of the government from Nigeria LNG Limited (NLNG) between 2004 and 2021.

Falana also threatened to file a suit at the Federal High Court for immediate recovery of the sum from NNPCL, if it refuses to make the remittance.He noted that on April 27, 2019, the Senate committee on public accounts held a public hearing on revenue generation drive for the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper .

According to him, following the disclosure, the Senate committee asked suspended Accountant-General of the Federation, Ahmed Idris, who was in attendance, to confirm if the said sum of $33 billion was actually remitted to NNPCL. The MOMENTUM Routine Immunisation Transformation and Equity project, in partnership with the Jigawa government, has concluded plans to carry out a study aimed at improving routine immunisation in the state.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines