NNPC doesn’t know all its bank accounts, says Buhari

Dr. Joseph Dawha NNPC

Dr. Joseph Dawha, ex-GMD of NNPC: dies

Dr. Joseph Dawha, Managing Director, NNPC
Dr. Joseph Dawha, Managing Director, NNPC

The Nigerian National Petroleum Corporation has too many bank accounts, some of which either the Ministry of Finance or the corporation itself has lost track of.

Making the revelation today in Johannesburg was Nigeria’s leader, President Muhammadu Buhari.

Buhari, a former petroleum minister and former Nigerian military head of state expressed shock at the development, describing it as ‘improper.

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As petroleum minister during the Chief Olusegun Obasanjo military regime,(1976-1979) Buhari said NNPC had only three accounts, in contrast to what the Jonathan government bequeathed: “too many accounts such that the NNPC and the ministry of finance did not know how many accounts they had.”

Culled from TheNEWS

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