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BREAKING: Melaye Alleges Fresh Fraud At PPMC , NNPC, Seeks Probe Of N5.1trn Subsidy Payments

BREAKING: Melaye Alleges Fresh  Fraud  At  PPMC ,  NNPC,  Seeks Probe Of N5.1trn Subsidy Payments

Senator Dino Melaye representing (Kogi West) on Tuesday raised  fresh allegations of monumental corruption against the Pipelines and Product Marketing Company (PPMC) and Nigerian National Petroleum Corporation (NNPC).

The Senator who drew his inspiration through order 42 of the Senate standing rule said despite the fight against corruption by the President Mohammadu Buhari administration, some Nigerians have continued to defraud the country.

He said some cargoes of petroleum products which were  deposited in private tanks farm due to inadequate of government-owned  tank farms to accommodate the products have been  diverted by officials of PPMC in collaboration with the some staff of the private tanks farm.

“Due to inadequacy of government owned tank farms, some imported PMS and AGOs are deposited in private tank farms and it will disappear without any trace,” Melaye said.

The Senator further alleged that between 2006 and 2015, NNPC collected N5.1 trillions as subsidy payments and the payments have not been investigated.

“The time to investigate subsidy payment made to NNPC is now” he said.

He pleaded that the lawmakers should allow him to bring a substantive motion on the issues on Wednesday. When it was put into voting it was unanimously agreed  by the Senators that Melaye sponsor a substantive motion on the matter.

In his reaction the Senate President Bukola Saraki said the motion will assist in the fight against corruption and effort to reposition the NNPC. “NNPC is a great source of revenue for all Nigerians, we would wait for the motion tomorrow” Saraki said

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