NNPC Refutes Owing FAAC N2.3 Trillion

Started by Shola Sholaz, Oct 06, 2013, 10:14 PM

Shola Sholaz


The management of NNPC on Sunday has refuted a statement credited to Gov. Adams Oshiomhole of Edo that the Corporation owes the Federation Accounts N2.3 trillion.
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This is contained in a statement issued in Abuja by the Acting Group General Manager, Public Affairs, NNPC, Ms Tumini Green.
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The corporation expressed dismay at what it called the increasing unwarranted and unfounded accusations against it by otherwise informed persons in the polity.
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"We wish to state without any equivocation that we do not owe the Federation Accounts any money as at today, taking into account outstanding subsidies and other associated costs of operations and loses.
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"We have consistently paid all monies due to Federation Accounts into its CBN account as we receive them,'' it said.

Folami David

Stories nowadays are not hundred percent correct so I understand!