Fuel subsidy: Oando, AA Rano, Sahara Energy, others deny receiving payments from NNPC
Oando Plc, AA Rano, Sahara Energy Resources and Hyde have all denied involvement in fuel subsidy payments before the House of Representatives ad hoc committee investigating subsidy regime. The oil companies said they only lifted crude oil and we’re not part of subsidy payment by the Nigerian National Petroleum Company (NNPC) Ltd. The representatives of the companies took turns to explain contract deals with the NNPC Ltd. in Abuja after being quizzed by the lawmakers. Rep. Mustapha Aliyu, the Chairman of the Committee, said some oil companies were in attendance to explain their role in the deal with the Nigerian…
