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AS the crisis generated by the alleged missing $20 billion heightens between the Nigerian National petroleum Corporation (NNPC) and the Central Bank of Nigeria (CBN), the NNPC has returned N7.16 billion to the federation account.
The Accountant-General of the Federation, Mr Jonah Ogunniyi Otunla, who presided over the February meeting of the Federation Account Allocation Committee (FAAC), following the exit of Minister of State for Finance, Dr Lawan Yerima Ngama, from the cabinet, said the N7.61 billion was part of the debt owed the federation by the NNPC.
Click source for more details: Nigerian Tribune
The Accountant-General of the Federation, Mr Jonah Ogunniyi Otunla, who presided over the February meeting of the Federation Account Allocation Committee (FAAC), following the exit of Minister of State for Finance, Dr Lawan Yerima Ngama, from the cabinet, said the N7.61 billion was part of the debt owed the federation by the NNPC.
Click source for more details: Nigerian Tribune
