Posted by admin on february 21, 2015 September 25, 2013 CBN Governor writes to Mr. President alleging that “between January 2012 and July 2013, NNPC lifted 594,024,107 barrels of crude oil valued at $ 65,332,350,514.57. Out of this amount NNPC repatriated only $15,528,410,098.77 representing 24% of the value. This means the NNPC is yet to account for, and repatriate to the Federation Account, an amount in excess of $49.8 billion or 76% of the value of oil lifted in the same period.” September 26, 2013: Alison-Madueke, Petroleum Minster Presidency receives CBN Governor’s letter. September 27, 2013: President minutes letter to Hon Minister of Petroleum Resources to explain the allegations against NNPC. September 30, 2013: HMPR forwards letter to GMD NNPC asking for explanations: October 2, 2013 GMD NNPC offers explanations to the HMPR. October 4, 2013: HMPR writes to Mr. President with detailed explanations. October 4, 2013 to November 6, 2013....
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