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Tag: Subsidy Recovery Fund

Senate sets up committee to probe a $3.5 billion “subsidy recovery fund” managed by two people

October 17, 2018Eben Tanimola

The Nigerian senate on Tuesday, set up an ad hoc committee to probe a $3.5 billion “subsidy recovery fund” said to be managed by Maikanti Baru, group managing director (GMD) of the Nigeria National Petroleum Corporation (NNPC), and the corporation’s finance director. The decision of the senate was sequel to a motion on matters of […]

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