In a recent briefing to lawmakers, the former General Manager of the Nigeria National Petroleum Corporation (NNPC) denied that the ₦210 trillion alleged to be missing from the company’s accounts is lost.
Speaking at the session, the former GMD said, “The issue of ₦210 trillion that is misconstrued in the reports as having been lost; I have confirmed at this moment that nothing is lost. It’s simply not possible under my care and under my leadership for that to happen, but it did not happen.”
The claim that a massive sum had disappeared has been reported by several media outlets, prompting concerns among legislators and the public about the integrity of the NNPC’s financial management.
NNPC is Nigeria’s state‑owned oil company, responsible for the exploration, production, and distribution of petroleum and petroleum products across the country.
The former GMD’s statement comes amid ongoing scrutiny of the company’s finances and calls for greater transparency and accountability in the management of the nation’s oil revenues.
<small>Source: AllAfrica Nigeria — read the original story there.</small>
