…Invites EFCC, GMD, CBN others for support
14 December 2016, Sweetcrude, Lagos — Nigeria Senate on Tuesday said it will commence an immediate investigation into the crude oil lifting activities of Nigerian Petroleum Development Company, NPDC and the unlawful withholding of Public revenue by Nigerian National Petroleum Corporation, NNPC from 2013 to date.
Senate President Dr. Abubakar Bukola Saraki said the motion investigate NNPC and NPDC moved by Senator Dino Melaye charges that since 2013, NPDC has continued to lift crude oil from divested oil wells OML 61, 62, 63 worth over $3.487 billion without remittance of any nature to the Federation Account.
“Today, we took a very important motion on the unlawful and wilful misappropriation and criminal withholding of public revenue by NNPC and NPDC from 2013 to date.
“The motion charges that since 2013, NPDC has continued to lift crude oil from divested oil wells OML 61, 62, 63 worth over $3.487 billion without remittance of any nature to the Federation Account,” the Senate President said.
Saraki commended Senator Dino Melaye for bringing the motion to the floor of the Senate, adding that as part of it Legislative agenda, “we will immediately investigate this to get to the bottom of this serious matter in an attempt to put an end to this.”
The Senate President explained that the over $3.487 billion unremittance fund to the Federation Account can fund the country’s budget.
“The amount reflected can fund the country’s budget instead of us looking to take a loan of 4 billion dollars, we cannot continue a practise where some people will continue to sabotage the anti corruption effort.
“I call on the GMD, Auditor General, Minister of finance and CBN Governor and Anti-Corruption agencies to look into this claim.
“I challenge my colleagues to work through the holiday to have a report available to be laid on the 9th of January, 2017,” Saraki said.