Two indigenous downstream petroleum firms are involved in a major scandal that could lead to the sack of three officials of Nigeria’s state oil firm, NNPC, PREMIUM TIMES learnt.

The scandal mainly involves Capital Oil, the firm of controversial businessman, Ifeanyi Uba, and NNPC Retail Services, a subsidiary of the NNPC.

Another indigenous firm, MRS, is also partly involved in it, multiple sources told PREMIUM TIMES.

The scandal involves the illegal use of about 130 million litres of petrol imported by the NNPC downstream and stored in the two depots, one belonging to Capital Oil and the other MRS.

Already, an investigation committee set up by the NNPC Retail, a downstream subsidiary of the NNPC, has recommended the sack of three officials, whose actions or inactions may have led to the scandal occurring.

FOR MORE: http://theicon.ng/2017/03/15/ifeanyi-ubahs-capital-oil-mrs-nnpc-officials-fresh-petrol-scandal/

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