"Extra N41 Billion Was Paid Into Federation Account By NNPC" - Baru
Updated Thursday 23 May 2019 5:47
The Managing Director of Nigerian National Petroleum Corporation, NNPC Capital, Godwin Okonkwo, representing the Group Managing Director, Maikanti Baru, during a presentation to the House of Representatives Ad Hoc Committee on the Investigation of the Non-Remittances of Funds to the Federation Account by the Nation’s Oil firm between July 2017 and December 2018 on Tuesday announced that its annual payments into the Federation Account in 2018 surpassed its projections in the 2018 budget with over N41 billion.
Did you know? You can comment on this post! Just scroll down
He stated, that the corporation remitted N1.26 trillion as against the estimated N1.22 trillion in the 2018 budget.
In a statement, Ndu Ughamadu, NNPC spokesperson quoting the GMD hinted that against the 2.3 million barrels per day, mbpd, proposed in the 2018 budget, the national daily production for the period under review averaged between 1.9mbpd and 1.89mbpd
Always remember to check us out and check other amazing news, videos to download and watch, articles and music to download and play on our platform. We will always make it worthwhile for you. This is a promise. Thank you for coming to DoroTV
Article Posted 2 Months ago. You can post your own articles and it will be published for free. No Registration is required! But we review before publishing! Click here to get started
One Favour Please! Subscribe To Our YouTube Channel!
Like us on Facebook, Follow on Twitter
React and Comment
If this violates your rights in any way, please report it here and it will be taken down within 24 hours.
Click Here To Hide More Posts Like This
Watch and Download Free Mobile Movies, Read entertainment news and reports, Download music and Upload your own For FREE. Submit Your Content to be published for you FREE! We thrive on user-submitted content! But we moderate!