Nigeria to probe state oil firm over alleged unaccounted sales

Started by YahooNews, Nov 22, 2013, 01:31 AM

YahooNews

Nigeria's lower house of parliament Thursday voted to probe giant state-run oil firm NNPC over its alleged failure to account for about $13 billion from crude sales this year. The House of Representatives adopted a motion sponsored by one of its members, Haruna Manu, asking the Nigerian National Petroleum Corporation (NNPC) to account for the volume and value of crude sold in the first eight months of 2013. "NNPC has remained in a dark tunnel. How long will it remain in that tunnel?," asked lawmaker Samson Osagie during the debate before the motion was adopted.