The Senate Committee on Gas has again confirmed that no $1.05 billion NLNG dividend was missing.

The Chairman of the Senate Committee, Senator Bassey Albert, had clarified that the ongoing investigation of the application of $1.05billion Nigeria Liquefied Natural Gas (NLNG) dividend to support the importation of petroleum products into the country had nothing to do with any missing funds since no such money was missing in the first place.

Downstream operators who spoke on the controversy said the efforts of NNPC in ensuring that there was no scarcity of petrol during Christmas yielded positive results as Nigerians had a hitch-free celebrations.


“It was evident that the NNPC judiciously utilised available resources to ensure uninterrupted supply of petrol,” said a CEO of oil marketing company, who spoke on anonymity.

Senator Albert, who doubles as the Chairman of the Senate Committee on the Application of the NLNG Dividend, had clarified that the mandate of the Committee was to determine the instrument under which NNPC relied upon to affect the said withdrawal and subsequent application of the NLNG dividend to meet pressing national demand for fuel supply, noting that the Committee relies on NNPC to provide informed perspective on the issues.

The Senate Committee Chairman emphasised that the engagement with NNPC was to understand the rudiments of the account flow and also to discover how the Committee, working in harmony with NNPC, could make the NLNG dividend more effective and beneficial to the nation.

Responding, Mr. Isiaka Abdulrazaq, Chief Financial Officer (CFO) of NNPC, who represent the corporation’s Group Managing Director, Dr. Maikanti Baru, pledged the willingness of the corporation to support the Committee in its assignment, saying that relevant documents have been supplied to the panel to enable it determine the veracity or otherwise of NNPC’s perspective.

Read more at https://www.akelicious.net/2018/12/senate-committee-105bn-nlng-dividend.html

So is this Senate looking for financial reparations from all of this? Not saying if he is the money is the drive. Just curious if History is playing two ends against the middle for ratings? I just don't want to believe the brothers are involved in duping us.

Only sane people know it is all propaganda in the first place....save for wailers!

aspabay:
After you all have gone calling Buhari names.

Never expect anything good from a senate controlled by corrupt Saraki

You've said it all bro.

Nigeria must be great again
And it must begin with our votes

Hon Ise-Idehen Egor and Ikpoba-okha constituency Love You

After the initial gragra abi.

Are they sure?


Why the initial gra gra. We are waiting on your report on N5.8bn allegations against Osinbajo which will also look same like this. Blowing whistle without verification

post=74227088:
Only sane people know it is all propaganda in the first place....save for wailers!

APC trying so hard to change the narrative.

the case was never about the funds missing...but about how it was appropriated without due process.

in a nutshell, NNPC spent the money reliazed by another agency without consulting anybody and without stating ab initio that the money was to be spent.

V

tsephanyah:
So is this Senate looking for financial reparations from all of this? Not saying if he is the money is the drive. Just curious if History is playing two ends against the middle for ratings? I just don't want to believe the brothers are involved in duping us.

NNPC just dug their hands in NLNG funds and we're spending it anyhow.

nobody ever said the funds were missing.

This is similar to the NEMA scam by Osibanjo aka OSHIbanjo

the way APC is trying to wash this story, I smell something fishy.

Nigerians can now see the double mouth and blackmailing nature of the senate. Smh

Sai baba jor

OK

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Finally we can see how this government rules is working

[s]

naijapips04:


NNPC just dug their hands in NLNG funds and we're spending it anyhow.

nobody ever said the funds were missing.

This is similar to the NEMA scam by Osibanjo aka OSHIbanjo

[/s]


What are u smoking this early morning now

Senators are trying to form as good people but we Nigerians know them that they are liars and cheaters

allthingsgood:
Nigerians can now see the double mouth and blackmailing nature of the senate. Smh

Sai baba jor

Shutup. the case has never been about any missing funds.

Go get yourself informed first bro before your satanic sai baba chants.

I don't trust those senators. Maybe, they bribe them to say no money missing.

allthingsgood:
[s][/s]


What are u smoking this early morning now

same as what you've been smoking all year.

Keep defending politicians that don't give 2 f*cks about you or your struggling mother.

[s]

naijapips04:


Shutup. the case has never been about any missing funds.

Go get yourself informed first bro before your satanic sai baba chants.

[/s]


Sai baba 2023

allthingsgood:
[s][/s]


Sai baba 2023

sai baba till 3023.

dude I give no f*cks if Buhari rules you and your family for eternity.

Our senators need the blow 2 reset their brain take it........

Ipob right now, bad market.
Sai baba all the way.

We knew it was false alarm to score political point.

The !money should have been appropriated

End of the story

Lotta Nigerians zombies find it hard to read. Maybe some just don't want to believe what they read. I can see one dull BBQ guy above saying rubbish as usual.

It's still an act of misappropriation on the side of NNPC and the federal government is culpable. NLNG is expected to remit directly to the Federation Acct.

On the other hand sef, that amount is too ludicrous for the stupid excuse they came up with. Such amount just to balance up importation of petrol?? I wonder why it took this long to give this excuse. I can bet that the Ministry of Finance knows next to nothing about this misappropriation.

An house girl can not pick money from the pockets of the landlord without the madam not wondering who sent her and why the audacity.

Shame on pdp and her band of bigoted brainless thugs, especially those on nairaland.

Very dumb set of unicellular organisms.

Alarmist you think this are the days of yam eating