{"id":40014,"date":"2015-06-27T18:32:05","date_gmt":"2015-06-27T17:32:05","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=40014"},"modified":"2015-06-27T18:32:05","modified_gmt":"2015-06-27T17:32:05","slug":"jonathans-men-accuse-buhari-of-dismissing-already-dissolved-nnpc-board-claim-5-billion-remitted-by-nlng","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/jonathans-men-accuse-buhari-of-dismissing-already-dissolved-nnpc-board-claim-5-billion-remitted-by-nlng\/","title":{"rendered":"Jonathan&#8217;s men\u00a0 Accuse Buhari Of Dismissing Already Dissolved NNPC Board, Claim $5 Billion Remitted By NLNG"},"content":{"rendered":"<p id=\"yui_3_16_0_1_1435425205981_7730\" dir=\"ltr\" style=\"text-align: justify;\">Some members of the outgone administration of President Goodluck Jonathan have said President Muhammad Buhari was out of order by dissolving the board of the Nigerian National Petroleum Corporation \u00a0(NNPC), contending that, according to the \u201cPetroleum Act,\u201d the board stood dissolved the moment erstwhile Petroleum Minister, Diezani Alison-Madueke, left office.<\/p>\n<p id=\"yui_3_16_0_1_1435425205981_7728\" dir=\"ltr\" style=\"text-align: justify;\">Two members of Mr. Jonathan administration, who spoke on condition of anonymity, told SaharaReporters that there was no reason for President Buhari to send a letter to the board of the NNPC to dissolve. \u201cThat act [President Buhari\u2019s dissolution of the NNPC board] is null since there was no board in place after the former Petroleum Minister, Diezani Alison-Madueke, left office,\u201d said one of the sources.<\/p>\n<p id=\"yui_3_16_0_1_1435425205981_7590\" dir=\"ltr\" style=\"text-align: justify;\">Mrs. Alison-Madueke, who constituted the current NNPC board, officially lost her cabinet position on May 29, 2015 when former President Jonathan\u2019s tenure ended.<\/p>\n<p id=\"yui_3_16_0_1_1435425205981_7727\" dir=\"ltr\" style=\"text-align: justify;\">A second source, who served on the disbanded board, claimed that Mr. Jonathan\u2019s administration left $5 billion in the kitty for the incoming Buhari government. He said the funds were yielded by dividends from Nigeria\u2019s sales of liquefied natural gas.<\/p>\n<p id=\"yui_3_16_0_1_1435425205981_7726\" dir=\"ltr\" style=\"text-align: justify;\">Last weekend, Babs Omotowa, the chief executive of the Nigerian Liquefied Natural Gas Company (NLNG), claimed that the company paid $1.6 billion in dividends to the Buhari government. However, one of the two sources who spoke to us claimed that said the amount was $5 billion. He added that President Buhari was either hiding the correct amount paid to his government in order to justify his claim of inheriting \u201can empty treasury\u201d or that the NLNG was playing a game on Nigerians.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Some members of the outgone administration of President Goodluck Jonathan have said President Muhammad Buhari was out of order by dissolving the board of the Nigerian National Petroleum Corporation \u00a0(NNPC),&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":36585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-40014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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