Contrary To FAAC Report, NNPC Limited Did Not Withhold $55m NLNG Dividend—Investigation

Contrary to claims in some quarters, the Nigerian National Petroleum Company Limited did not withhold the $55m Nigeria Liquified Natural Gas dividend that was alleged should have been paid into the nation’s coffers, THE WHISTLER can authoritatively report.

There had been reports (Not THE WHISTLER) that the Federation Account Allocation Committee (FAAC) had initiated an investigation to determine what the NNPC Limited did with some Nigerian Liquified Natural Gas (NLNG) profits.

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