House Of Rep In Shock After NNPC Says It Does Not Know How Many Oil Blocks Nigeria Has

A top NNPC staff who appeared before the House of Representatives has left them in shock after he said the agency does not know the number of oil blocks in Nigeria.
The Chief Operating Officer of the Nigerian National Petroleum Corporation shocked members of the House of Representatives committee investigating the controversial Malabu oil deal and OPL 245 on Tuesday afternoon when he said that the NNPC does not know the number of oil blocks Nigeria.

 
Bello Rabiu further said that the NNPC was not directly involved in the controversial deal, Mr. Rabiu was asked to give details of Nigeria’s oil fields. Razak Atunwa, the chairman of the committee, said he posed the question because he believed it would help lawmakers to determine Nigeria’s oil revenue prospects amidst the lingering financial crisis. “I don’t know the answer to that question,” Mr. Rabiu said.
 
In a report by Premium Times, Mr. Rabiu said statistics about oil prospecting licences and oil mining licences were not kept with the NNPC, but the Department of Petroleum Resources and directed lawmakers to contact the department for the information.
 
Mr. Rabiu also told the committee that the NNPC Act gave the Minister of Petroleum the absolute power to exercise discretion on award of oil licences.

Quote

“The NNPC Act, even till today, clearly stated that the minister can award oil exploration licences at his discretion,

” Mr. Rabiu said.

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Posted: at 14-12-2016 02:09 PM (7 years ago) | Hero

Is this a news?

Posted: at 14-12-2016 02:38 PM (7 years ago) | Gistmaniac

 

Posted: at 14-12-2016 02:53 PM (7 years ago) | Hero

Now I can understand the fight against corruption because even if Nigeria has a zillion dollars in it safe with corruption the whole masses will still remain poor as they are. It's a big shame that EFCC is not going after corrupt Nigerians that made billions from the oil bloc because their money has bought immunity for them

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Posted: at 14-12-2016 03:05 PM (7 years ago) | Addicted Hero

I thought the exact number of oil blocs in the country should be common knowledge within the management level of the NNPC.... I'm shocked by your statement, sir. The other department you mentioned is a subsidiary of the NNPC, so your excuse for lack of knowledge doesn't hold water! God forbid!!!

And these are the guys we entrusted the monitoring and regulation of our national wealth-generator to....

Posted: at 14-12-2016 03:48 PM (7 years ago) | Upcoming

True. Even the EFCC is too corrupt to fight corruption.

Posted: at 14-12-2016 03:56 PM (7 years ago) | Gistmaniac

This Is Quite Alarming
May God help my country, Nigeria!

Posted: at 14-12-2016 04:10 PM (7 years ago) | Gistmaniac

THATS NIGERIA FOR, WHY WOULD THAT SHOCK U, MOST OF U THERE SEF DONT KNOW WHY U ARE THERE

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Posted: at 14-12-2016 06:18 PM (7 years ago) | Addicted Hero

 

Posted: at 15-12-2016 05:55 AM (7 years ago) | Hero

HE KNEW BUT WAS NOT ASKED TO SPEAK

Posted: at 15-12-2016 02:54 PM (7 years ago) | Upcoming