Senate sets up ad hoc committee to investigate NNPC subsidy fund

In an exclusive report by the Premium Times, the federal government illegally diverted $1.05billion which is N378billion from the Nigerian Liquefied Natural Gas (NLNG).

The diversion details come amidst accusations the Nigerian National Petroleum Corporation (NNPC) is spending $3.5 billion without appropriation by the National Assembly.

In view of the findings, the National Assembly has in today’s plenary appointed an ad hoc committee to look into the matter. This was contained in the tweets by the Senate Twitter account.