NNPC dismisses rumour of pending N36bn royalty to Alesa-Eleme community

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NNPC tower

The Nigerian National Petroleum Corporation (NNPC) has dismissed insinuation of an approved N36 billion compensation, said to be due to Alesa-Eleme community in Rivers as royalty for playing host to the Port Harcourt Refining Company (PHRC).

NNPC in a statement by its spokesperson, Mr Ndu Ughamadu, traced the origin of the purported compensation story to a traditional ruler,regarded as a claimant to the Alesa-Eleme traditional stool.

Ughamadu said the traditional ruler went to town with the fake story after a purported meeting with the Minister of State for Petroleum Resources (HMSPR) and Board Chairman of the corporation, Dr. Emanuel Ibe Kachikwu.

According to Ughamadu, NNPC affirmed that checks with the minister indicated that no such meeting at which any such approval…



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