Hot Stories

Saudi Arabia Executes 2 Bangladeshis Over 'Immoral Act' Inside Mosque

Priest Dies After Giant Cross Falls on Him During Live Church Service

Ronaldo Gets 30 Day Ban for Walking Out on Portugal

Kenyan Pastor Convicted After Hundreds of Children, Others Found Dead in Shakahola Forest

JAMB Gives Candidates Another Chance to Correct NIN Details

3 Men in Court Over N18.2m Tunde Ednut Identity Scam

10-Year-Old Twins Set to Unveil Their First Book in Lagos

Osun Brings Back Weekly Sanitation Exercise Every Thursday

Global Expectation Soars as Healing Streams Returns for Final 2026 Edition

Woman Admits Knowing Ex-Boyfriend Was an Armed Robber After Arrest

Lagos Announces Independence Bridge Closure for Weekend Repairs

President Tinubu Sparks Reactions After Calling Himself Governor at APC Event

Tinubu Tells Judges to Stop Powerful People From Delaying Corruption Cases

Girl Wakes Up in Her Coffin During Her Own Funeral

KACRAN Urges INEC to Extend PVC Collection Deadline by One Week

Atiku Promises Nigerians Cheaper Living and Better Security If Elected

Pope Leo XIV Brother Battles Cancer as Family Faces Double Health Crisis

OpenAI Engineer Arrested After Secret Recording Device Discovery

Air India Flight Diverted After Shocking Security Scare

Kano Tailor Tries to Sew for 120 Hours to Break World Record

Ghen Ghen! NNPC, Two Other Agencies in Serious Trouble For Remitting Dollar Revenues In Naira

Posted by Lolade on Fri 16th Oct, 2015 - tori.ng

The Federal Government has commenced probe of NNPC and two other government agencies for shortchanging the nation by remitting dollar revenues in naira.

The federal government has flagged off a probe of the Nigeria National Petroleum Corporation (NNPC) and other revenue generating agencies for remitting dollar revenues in naira into government coffers.

The two other government agencies facing probe for the same offense are the Nigerian Maritime Administration and safety Agency (MIMASA) and the Nigerian Ports Authority (NPA), Leadership reports.

Cross River state governor, Ben Ayade, gave the hint while briefing newsmen alongside his Sokoto,Taraba and Ondo counterparts after the monthly National Economic Council (NEC) meeting at the Presidential Villa, Abuja on Thursday, October 15.

Ayade said the NEC presided over by vice president Yemi Osinbajo was briefed by the Central Bank Governor, Godwin Emiefele on the disturbing development.

“A brief report on the FGN agencies remitting dollar revenues in naira into the Federation Account was also given by the CBN governor.

" Investigations are on-going. Such agencies include but not limited to NNPC, NIMASA and NPA," the governor said.