“It is not just about NNPC, really, but how we manage the entire downstream sector of the petroleum industry because of the inefficiencies, which have led to the haemorrhage, not leakage, that we currently experience in that sector. Few days ago, I got an invoice from NNPC. I got this invoice with the amount of N1.15 trillion in relation to money owed NNPC, and about N880bn of that amount represents outstanding subsidy payments..." MORE @ VANGUARD
SOURCE: SUN NEWS ONLINE
SOURCE: GUARDIAN
SOURCE: NIGERIAN TRIBUNE