Governors allege massive fraud in NNPC

No fund for 36 states as FAAC meeting ends in deadlock

…approve close down of filing stations close to borders

Governors allege missive fraud in NNPC  – THE Governors Wednesday night expressed displeasure over the handling of affairs at the Nigerian National Petroleum Corporation, NNPC, alleging fraudulent practices.

The governors also directed the NNPC to stop payment of any form of royalty to the Federation Account and ordered that every payment should be paid to the Department of Petroleum Resources, DPR as stipulated by law.

The governors who met behind closed-doors with the Vice President, Yemi Osinbajo who is also Chairman of the National Economic Committee, NEC, at the State House further directed that filing stations that are 10 kilometers close to borders should be closed down, while also there should be tracking devices to monitor the movement of tankers to reduce smuggling the petroleum products out of the country.

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