Friday, 21 February 2014

NNPC Subsidy On Kerosene Is A Scam - Senate

The Senate has condemned the NNPC for paying itself subsidy on kerosene without the approval of the National Assembly.

The Deputy Senate President, Ike Ekweremadu, who presided over yesterday plenary said it was illegal for the NNPC to pay itself subsidy without approval.

However, some Senators noted that the only solution to the perceived fraud is the outright removal of subsidy of petroleum products.

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