Politics Senate Panel Blames Jonathan for Illegal N685bn Spending -Punch



The Senate Committee on Finance has said that President Goodluck Jonathan should be blamed for the unilateral spending of N685.910bn by the Nigerian National Petroleum Corporation on kerosene subsidy in 2012 and 2013.

The committee which probed the alleged $49.8bn missing oil money, said Jonathan set aside a directive by the late President Umaru Yar’Adua in 2010 that kerosene subsidy payments should be stopped.

It added that the President defended the disbursement of the whopping sum by the NNPC without appropriation by the National Assembly.

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Source: Punch

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