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BREAKING: NNPC, Others Named In Fuel Subsidy Scam

Adam PR by Adam PR
June 26, 2023
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BREAKING: NNPC, Others Named In Fuel Subsidy Scam
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A former Governor of Bauchi State and ex-Minister of State for Transportation and Aviation, Isa Yuguda has made a damning allegation against the Nigerian Petroleum Corporation (NNPC) Limited.

He stated that NNPCL and other entities are involved in the fuel subsidy scam.

Yuguda said while he was the Chairman of the Sub-committee on Subsidy under the Goodluck Jonathan government in 2009, the national oil company paid subsidies on pipelines that do not exist.

The former governor made the allegation during an interview on Channels Television’s Sunrise Daily on Monday, June 26, 2023.

Yuguda also claimed that his committee submitted the report to President Jonathan but nothing was done on the investigation made, stressing that President Muhammadu Buhari also failed to act on the expose.

He added that a former Minister of Finance, Ngozi Okonjo-Iweala, also hired some chartered accountants to probe the subsidy claims and found out that N2 Billion dollars were spent on fuel subsidies.

ALSOREAD

JUST IN: NNPC Sacks All Top Management Staff

BREAKING: NNPC To Reduce Fuel Price, Stabilize Naira After Securing $3B From AFREXIM

BREAKING: Tinubu Mulls Return Of Petrol Subsidy Over Hardships

JUST IN: Subsidy Removal: University Of Ibadan Reduces Working Days

BREAKING: NNPC Speaks On New Petrol Price

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Tags: Fuel SubsidyNNPC
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