The NNPC, in a swift reaction, however, dismissed the allegation of another unremitted $20 billion oil revenue raised against it by the CBN. |
- Sanusi, yesterday, told the Senate Committee on Finance that of the $67 billion crude oil sales that was supposed to be remitted to the Federation Account, only $47 billion had been reconciled between the Nigeria National Petroleum Corporation, NNPC and CBN.
- NNPC had said some of it do not belong to the Federation Account so, $6billion NPDC we have held the position that some of the crude shipped by the NPDC is shipped from oil wells that belonged to the federation.
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