States Are In Trouble As NNPC Is Broke- Senator Dino Melaye


FestusKing11215h

It looks as if everything in our dear country is crumbling. While we are still talking about insecurity, Senator Dino Melaye released another bombshell on his Twitter handle. He stressed a more alarming danger that we should be worried about. He started with the fact that our government is not honest and do not tell us the truth. NNPC not having money at this time of economic crises would demoralize a lot of Nigerians.

 

The Senator said he stumbled across a letter written by the NNPC and specifically signed by the Chief Financial Officer of the NNPC, the person of Umar Ajiya Isa. According to him, the letter was addressed to the Accountant General of the Federation. The letter was meant to inform the Accountant General that the NNPC would not be contributing to the National purse in May, June and July.

 

In another word, they would be zero allocations from the NNPC for the months listed above. As such, the revenue for the months listed above would come from the Nigerian Custom and the Federal Inland Revenue Service(FIRS).

Also Read This:  Corruption Allegations against Akpabio May Stall his Senate Presidency bid

According to Dino, the reason for this is because of the landing cost of Premium Motor Spirits(PMS) that was N184 in March, as against the N124 naira it used to be.

 

The Senator expressed worry as the majority of our revenues normally come from the NNPC. He said the NNPC would not be able to contribute to the revenues that would be shared among the three tiers of government.

What do you have to say on this matter? Drop your comments. Follow the link below to watch the video. https://twitter.com/dino_melaye/status/1387789897403093004?s=19

Content created and supplied by FestusKing112.Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external@opera.com and/or report the article using the available reporting functionality built into our Platform.Read more>>

    • ApostleZionBLESSED14h

      God is not happy we pray for mercy and God will here us

      Reply

      1 reply
    • GUEST_gqLkkjv4314h

      Nigeria is death

      Reply

      2 replies
    • GUEST_N3QeNNgK914h

      Shut up your mouth ldiot you are part of our problems. Sell one of cars and contribute to the national treasury ldiot

      Reply

      2 replies
    • Lecky_0114h

      The beginning of the end of Nigeria. there was once a country

      Reply

      2 replies

Views 61 hot comments


Leave a Reply

Your email address will not be published. Required fields are marked *