NASS probes NNPC’s N48bn excess expenditure, uncovers secret cash reserve

ABUJA—THE National Assembly was Tuesday told that the Nigerian National Petroleum Corporation, NNPC, realized N2.36trillion between January and September, 2012, while its total expenditure for the same period stood at N2.84trillion. Meanwhile, the Senate also discovered that NNPC was  operating a secret cash reserve  where it withdraws money to augment funds appropriated to it by […]