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    NNPC, FAAC to parley on Monday over discrepancies

    NNPC tower
    • Adeosun To Offer Explanation Today
    • States Allege Discrepancies In Oil Revenue Reporting  
    The Nigerian National Petroleum Corporation (NNPC) and the Federation Accounts Allocation Committee (FAAC) will tomorrow meet to reconcile the discrepancies in data submitted at its last meeting.
    The FAAC meeting was last Thursday, called off due to discrepancies in the oil revenue receipt reported by the NNPC.
    The corporation has insisted that it remitted all the required funds to the FAAC, saying the challenge has to do with the interpretation of the data it submitted.
    Confirming the re-scheduled meeting, the Group General Manager, Group Public Affairs Division GGM/GPAD of the firm, Ndu Nghamadu told The Guardian, yesterday, “The NNPC is meeting FAAC on Monday. The NNPC remitted what was expected. There were issues that were raised on the data that was submitted. Hopefully, it would be resolved next week.

    …..Full News from source

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