
Senate Launches Investigation into NNPC Over N11.35tn Spent On Moribund Refineries In 13 Years
In a move to address the long-standing issue of mismanagement and financial wastage in Nigeria’s public sector, the Senate has established an ad-hoc committee to investigate the Nigerian National Petroleum Company Limited (NNPCL) over the spending of N11.35 trillion in the last 13 years on the Turn Around Maintenance (TAM) of the country’s non-operational refineries….