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LequteMan
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The Revenue Mobilisation Allocation and Fiscal Commission has accused the NNPC of failing to remit N4.9tr to the federal government during the period of January 2011 to December 2015, Punch reports.
This follows a recent similar accusation from the office of the Accountant General, with N3.2tr alleged to be missing. The NNPC was swift to deny the allegation.
In a statement issued in Abuja, the RMAFC’s spokesperson, Mr. Ibrahim Mohammed, said the figure of N3.2tn was from the 2014 Annual Audit Report obtained from the Federation Accounts Allocation Committee’s Technical Sub-Committee on Domestic Crude Oil Sales and Reconciliation Statement as contained in the NNPC’s mandate to the Central Bank of Nigeria.
However, Mohammed said, “Available records at the commission’s disposal indicate that between January 2011 and December 2015, the total indebtedness of the NNPC to the Federation Account was N4.9tn, a figure that included the NNPC’s claims for subsidy on petroleum products, crude and product losses, strategic reserves and pipeline maintenance cost.”
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This follows a recent similar accusation from the office of the Accountant General, with N3.2tr alleged to be missing. The NNPC was swift to deny the allegation.
In a statement issued in Abuja, the RMAFC’s spokesperson, Mr. Ibrahim Mohammed, said the figure of N3.2tn was from the 2014 Annual Audit Report obtained from the Federation Accounts Allocation Committee’s Technical Sub-Committee on Domestic Crude Oil Sales and Reconciliation Statement as contained in the NNPC’s mandate to the Central Bank of Nigeria.
However, Mohammed said, “Available records at the commission’s disposal indicate that between January 2011 and December 2015, the total indebtedness of the NNPC to the Federation Account was N4.9tn, a figure that included the NNPC’s claims for subsidy on petroleum products, crude and product losses, strategic reserves and pipeline maintenance cost.”
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