Home Economy Gov. Aliyu wants CBN to account for oil revenues

Gov. Aliyu wants CBN to account for oil revenues

by Business News Report

AliyuGov. Babangida Aliyu of Niger state has urged the Central Bank of Nigeria (CBN) to account for the shortfall being experienced in the federation account since May.
Aliyu said this at the 3rd MBA International Literary Colloquium with the theme: Creativity, Youth and National Development, to mark his 58th birthday. He expressed regrets that nobody had been able to say how much was actually accruing to the country from oil daily.
He said the CBN as custodian of all monies accruable to the Federal Government, should say what was responsible for the decrease in the income of the country. Aliyu said the NNPC had in the last six months returned less the actual income due to be shared between the local, state and federal governments. “We don’t know how much we make but the outside world knows what we sell, and how much we make.

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