President Muhammadu Buhari has dissolved the Board of the Nigerian National Petroleum Corporation (NNPC) with immediate effect.
[contextly_sidebar id=”A7gldg9yLnN9ebFWxpsfMZid7TvGBmq0″]The announcement was made in a statement by the Director of Communications, Office of Head of Civil Service of the Federation, Alhaji Haruna Imrana.
“The directive to that effect was conveyed in a letter signed yesterday by the Head of the Civil Service of the Federation, Danladi Kifasi.
In it, the President thanked members of the dissolved board for their services to the nation.
The NNPC has reportedly been enmeshed in several allegations of corruption.
A forensic audit report by PriceWater Coopers (PWC) revealed that about $20 billion could not be traced from the NNPC’s accounts.
President Buhari had vowed to tackle all corrupt related activities in the corporation under his watch.
–
Source: Punch