NNPC starts refunding $1.48bn to Federation account


AlisonMinister of Petroleum Resources, Diezani Alison- Madueke, The Minister of Petroleum Resources, Mrs. Diezani Alison- Madueke, on Wednesday disclosed that the Nigerian National Petroleum Corporation has started refunding $1.48bn into the Federation Account as recommended by an audit firm, PriceWaterHouse Coopers.

She however did not disclose how much has so far been refunded by the corporation. She also denied reports that she was seeking the assistance of some highly-placed persons in other to get soft landing from the incoming administration of Gen.Muhammadu Buhari (retd.). Alison-Madueke spoke with State House correspondents at the end of the weekly meeting of the Federal Executive Council at the Presidential Villa, Abuja.

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