Abuja - Concern over the disagreement between the Senate and the Nigerian National Petroleum Corporation (NNPC) over the $218 million oil revenue, President Goodluck Jonathan has finally decided to intervene.
He has directed relevant authorities to act on the matter before it degenerate further, reports New Telegraph.
The President’s intervention is to prevent undue sensationalism or confrontation, which happened during the time of former Governor of Central Bank (CBN), Sanusi Lamido Sanusi.
The Senate had mandated the NNPC to remit $218 069 million into the federation account being the share of the federation from third party financing agreement, a claim the NNPC had denied.
Read more at New Telegraph.
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