Government & Politics

Senate Probes NNPC Unbundling, Says Buhari’s Action Illegal


The Senate has begun the process into the probe of the decision of President Muhammadu Buhari to unbundle the Nigerian National Petroleum Corporation, NNPC

According to Vanguard, in a point of Order by Senate Chief Whip, Senator Olusola Adeyeye on the floor of the Senate today drew the attention of other Senators to the unbundling of the nation’s agency in charge of the oil and gas sector in the country.

Adeyeye who will formally present a motion tomorrow where there would be extensive debate at the plenary, described the exercise as illegal as the federal government did not consult the National Assembly to repeal the enabling law that set up the organisation, before breaking it into different components.

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Workers of the NNPC had shut down the corporation’s operations nationwide following the exercise and the development had led to fuel queues across the country.


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