The House Committee on Finance has insisted
that the Nigeria National Petroleum Corporation (NNPC) must remit the
revenue due to the Federal Government of Nigeria.
Chairman of the Committee, Rep. Abdulmumin Jibril, dismissed the explanations by the agency that it has been operating on a loss.
Abdulmumin further said agencies such as the Central Bank of Nigeria (CBN) and the Nigerian Ports Authority (NPA) have remitted over N100 billion of their withheld revenue and the NNPC must do likewise.
Chairman of the Committee, Rep. Abdulmumin Jibril, dismissed the explanations by the agency that it has been operating on a loss.
Abdulmumin further said agencies such as the Central Bank of Nigeria (CBN) and the Nigerian Ports Authority (NPA) have remitted over N100 billion of their withheld revenue and the NNPC must do likewise.
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