Joseph Dawha, Managing Director of
the Nigerian National Petroleum Corporation (NNPC) has asked for police
assistance in protecting Nigeria’s crude oil infrastructure and
pipelines according to a statement issued by Police Public Relations
Officer, Emmanuel Ojukwu. Continue...
According to an article in the Punch
today Dawha has also asked Mr. Suleiman Abba, Acting Inspector-General
of Police for vigilance in protecting NNPC personnel against security
threats.
According to a report issued by NNPC last year, it lost an estimated $243 million to oil pipeline vandalism and siphoning.
The requests for increased police protection come at a time when the
NNPC itself has been accused of fiscal mismanagement and embezzlement.
Most notably, Lamido Sanusi, former central bank governor last year
accused NNPC of diverting 75% of total crude oil proceeds or $49.5
billion proceeds from the nation’s coffers for the fiscal year June
2012-July 2013.
Previous audits found that the NNPC over-deducted allowances from the
government in subsidy claims amounting to N 28.5 billion between 2007
and 2009.
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