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How they bleed Nigeria!

House report reveals rot in subsidy, oil sector Says 35 firms collected allocation without registration Panel asks NNPC, PPPRA, marketers to refund N1.1tr Queries national oil corporation’s solvency Indicts Offices of Budget, Accountant-General Blacklists three audit firms Wants PPPRA’s ex-scribe prosecuted Seeks two ministers of petroleum resources Proposes N557b subsidy for 2012 IT was a policy designed to bring succour to poor Nigerians. But it turned out to be the drain-pipe on the treasury ...
Read the rest of the story on Guardian News

Added April 18, 2012
from Guardian News