Saraki Decries Use of $1.05bn NLNG Dividends for Fuel Subsidy

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Bukola Saraki

PDP asks president to speak on expenditure

Deji Elumoye in Abuja

Senate President Bukola Saraki has faulted reported use of $1.05billion, by the Nigeria National Petroleum Corporation (NNPC), from its dividends from the Nigeria Liquefied Natural Gas (NLNG) for fuel subsidy.

Saraki said the Senate would, therefore, on resumption of plenary today investigate the claims made before the Senator Ahmad Lawan’s Ad-hoc Committee by the Group Managing Director of the NNPC, Mr. Maikanti Baru, on how and why the corporation diverted the dividend from the NLNG to defray the cost of under-recovery in the importation of fuel.

The Senate president, who was quoted as saying this while speaking with newsmen at the Ilorin airport on Monday, according to a statement by his media adviser, Mr. Yusuph Olaniyonu, admitted that he had received…



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