The Nigeria Governors’ Forum yesterday accused the Nigerian National Petroleum Corporation (NNPC) of failing to remit Joint Venture Cash Call. The Chairman of the forum, Abdulaziz Yari, explained that the corporation shortchanged the country for five years when the oil price was high. Yari, who is the Governor of Zamfara State, said the untoward development took place when oil price was about $110 per barrel. “After a meeting with the NNPC group, one of the things that arose was how the joint venture batch four would be paid. Governors Aminu Bello Masari of Katsina State and his counterpart in Plateau State, Simeon Lalong joined Yari in the briefing.

Source: The Guardian January 26, 2018 03:22 UTC