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Senate probes Cardoso, Kyari, Lokpobiri over alleged oil sector sabotage

Senate probes Cardoso, Kyari, Lokpobiri over alleged oil sector sabotage

The Central Bank of Nigeria Governor, Olayemi Cardoso, Nigerian National Petroleum Company Limited CEO, Mele Kyari, and Minister of Petroleum Oil, Heineken Lokpobiri, are under scrutiny by a Senate Ad-hoc committee for alleged economic sabotage within the Nigerian petroleum sector.

The three officials appeared before the committee, chaired by Senator Opeyemi Bamidele, on Wednesday.

READ ALSO: Senate probes financial records of 774 federal agencies

During the session, Bamidele asserted that there would be no room for grandstanding, warning that no one would be exempted from scrutiny in the ongoing investigation, which included determining the level of compliance of the NNPCL’s Direct Sale and Direct Purchase arrangements in line with the provisions of the Petroleum Industry Act, including the extent of transparency and accountability in the scheme etc.

Proofreading and editing by Fa’izatu Aliyu Doma, Journalist at Neptune Prime. 

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