Reps query NNPC over non-remittances by subsidiaries

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The House of Representatives on Tuesday expressed displeasure over non-remittances of revenue to the Federations Account by subsidiaries...

The House of Representatives on Tuesday expressed displeasure over non-remittances of revenue to the Federations Account by subsidiaries of the Nigeria National Petroleum Corporation .

Abdullahi said there were flaws in the running of the business which he said needed to be corrected, saying “If you said outside of the tax they pay, they do not pay any dividend to NNPC, I think there is flaw in that, I cannot have a company that will only be responsible for payment of tax.

 

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