Reps vow to demand sack of NNPCL CEO, Kyari over Dangote Refinery
We have been seeing many demarketing campaigns to discredit the Dangote Petroleum Refinery, and given the negative impact of this, which has caused panic in the country.
We have been seeing many demarketing campaigns to discredit the Dangote Petroleum Refinery, and given the negative impact of this, which has caused panic in the country.
In the refinery, we did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State. Yes, the Lagos State gave us a good deal, but we paid $100m for the land. It wasn’t a free land; we paid for it
The visit is the second visit to the refinery by National Assembly members this year.
The alleged illegal sale reportedly led to a loss of $2.4 billion in revenue to the country.
The Nigerian National Petroleum Corporation (NNPC) plans to generate N11.39tn revenue in 2021, while projecting an increase in oil and gas output and sales between 2021 and 2023.
The President Muhammadu Buhari, has transmitted the much-awaited Petroleum Industry Bill 2020 to the National Assembly and has proposed the creation of the Nigerian National Petroleum Company Limited.
Consequently, the House mandated its Committee on Public Accounts to “invite the management of the NNPC as well as that of the NLNG, to conduct a thorough investigation on activities that have taken place on the dividends account and report back to the House in four weeks.”