NNPC denies non-remittance of N4.76 trillion into federation account

Mr Umar Ajiya, NNPC Chief Financial Officer, said this when he appeared before Senate Committee on Public Accounts to defend queries raised by AOGF against the corporation.

Umar said that the issue in question had to do with domestic crude that NNPC lifted to either refine and sell in exchange for refined products imported to the country.