The Nigerian National Petroleum Corporation (NNPC) has
disclaimed the allegation that its Group Managing Director, Dr. Maikanti Baru,
had ever stated in any fora that the Chief of Staff to the President, Mallam
Abba Kyari, “directed the Corporation to keep the sum of N50billion away
from the Treasury Single Account (TSA).”
NNPC wishes to state that the allegation is baseless, and is
a clear misrepresentation of the truth.
An online publication made the allegation recently.
By virtue of the operations of the NNPC, the Corporation had
made series of compelling cases to the Presidency and the Central Bank of
Nigeria to allow certain categories of accounts operate outside the TSA, as
they contain co-mingled funds governed by detailed agreements with local and
international implications.
NNPC equally wishes to state that while these necessary
approvals sought by the NNPC were graciously given by the Presidency, the Chief
of Staff merely conveyed the notice of these approvals to the Corporation.
In the same vein, members of the relevant committee of the
National Assembly have requested for copies of such approvals, which were duly
provided by the Corporation.
To claim that the Chief of Staff single-handedly approved
these exemptions was not only unfair, but is a complete misrepresentation of
facts to mislead the general public.
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