Corporation Has Lost Track Of NNPC Accounts, They Are Too Many – President Buhari Reveals
Report by PM News.
Yesterday at African Union (AU) summit, President Muhammadu Buhari
aired that the Nigerian National Petroleum Corporation (NNPC) has too
many bank accounts, and as a result, either the Ministry of Finance or
the corporation have lost track of them.
Buhari is said to have expressed shock about the development, describing it as “improper.”
The report further states:
As petroleum minister during the Olusegun Obasanjo military regime,(1976-1979) Buhari said NNPC had only three accounts, in contrast to what the Jonathan government bequeathed:
“too many accounts such that the NNPC and the ministry of finance did not know how many accounts they had.”
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