NNPC denies non- remmitance of N4 .76 trn into federation account




The Nigerian National Petroluem Corporation (NNPC) has denied non remmitance of 4.76 trillion to the federation account as claimed by the 2016 report of the Office of Auditor -General of the Federation ().


Mr Umar Ajiya, NNPC Chief Financial Officer, said this when appeared Senate Committee on Accounts to defend queries raised by AOGF against the corporation.


Umar said that the issue in question had to do with domestic crude that NNPC lifted to either refine and sell in exchange refined imported to the country.(NAN)