Screen com­pa­nies in­volved in NNPC crude swap - APC

Daily Trust - - INSIDE POLITICS - By Balarabe Alka­s­sim

The All Pro­gres­sives Congress (APC) has called on the Na­tional As­sem­bly com­mit­tees prob­ing al­leged rev­enue losses at the NNPC through the crude-oil-for-re­fined-prod­uct barter pro­gramme, to screen the com­pa­nies in­volved in the pro­gramme.

In a state­ment is­sued in Wash­ing­ton DC, US, on Sun­day by its in­terim na­tional pub­lic­ity sec­re­tary, Al­haji Lai Mo­hammed, the party said the call was ne­ces­si­tated by the fact that the firms in­volved in the swap pro­gramme sub­mit­ted the high­est bid for the largest of Shell Nigeria’s four oil blocks slated for sale.

It added that, it will also be nec­es­sary for the com­mit­tees to have a good look at the five-year au­dited re­ports of the two com­pa­nies to know the source of their record-break­ing earn­ings and achieve­ment.

“For the avoid­ance of doubt and lest we are mis­un­der­stood, we are not ac­cus­ing these com­pa­nies of en­gag­ing in any mis­deed. What we are say­ing is that those who are sad­dled with in­ves­ti­gat­ing the al­leged rev­enue losses and pos­si­ble sleaze at the NNPC must not leave any stone un­turned in their at­tempt to un­earth the truth.

“Since the two firms are the main play­ers in the NNPC’s swap pro­gramme, and in view of their re­cent (planned) ex­pen­di­ture pro­file, they must also come un­der the scru­tiny of the com­mit­tees,’’ it said.

Newspapers in English

Newspapers from Nigeria

© PressReader. All rights reserved.