CBN declares $3.12bn, 22 withdrawals from NLNG dividends in 3 years

CBN declares $3.12bn, 22 withdrawals from NLNG dividends in 3 years

Posted on November 22, 2018 Authornewsheadline247

The Central Bank of Nigeria (CBN) has announced a total sum of 3.12 billion dollars from the Nigerian Liquefied Natural Gas (NLNG) dividends account domiciled in the CBN was withdrawn in 22 withdrawals in three years This was detailed in documents submitted to the Senate Committee on Gas Resources by the CBN in Abuja on

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Report – Senate digs out fresh $1.151b illegal withdrawals from NLNG

Report – Senate digs out fresh $1.151b illegal withdrawals from NLNG

Posted on November 15, 2018 Authornewsheadline247

The Senate on Wednesday declared it uncovered fresh illegal multiple withdrawals of $1.151 billion from the dividends accounts of the Nigeria Liquefied Natural Gas (NLNG) by the Nigeria National Petroleum Corporation (NNPC). This is apart from the $1.05 billion NNPC Group Managing Director Maikanti Baru earlier admitted to. According to the Guardian NG, the investigative

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Report: Saraki condemns use $1.05billion NLNG dividends for fuel subsidy

Report: Saraki condemns use $1.05billion NLNG dividends for fuel subsidy

Posted on November 6, 2018 Authornewsheadline247

The President of the Senate, Bukola Saraki has condemned reported use of $1.05billion, by the Nigeria National Petroleum Corporation (NNPC), from its dividends from the Nigeria Liquefied Natural Gas (NLNG) for fuel subsidy. Saraki assured the Senate would, therefore, on resumption of plenary today investigate the claims made before the Senator Ahmad Lawan’s Ad-hoc Committee

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