By Our Reporter
President Bola Tinubu has introduced a New financial regime in the Nigeria National Petroleum Corporation Limited,NNPCL.
To this effect, a new directive has been issued mandating the NNPCL to tender and lodge all receipts of Crude oil sales with the Central Bank of Nigeria,very dependable CBN sources has confirmed the development to Newdawnngr.com.
President Bola Tinubu-No more business as usual
The implication of this is that the CBN will now be in knowledge of and keep tract of all Crude sales by the NNPC as different from what operates in the past where the Corporation only account to itself alone.
Not only this,it kept many accounts known only to its top echelon such that the nation Finance ministry could not say how much the country is making from oil revenue which still account for ninety percent of its eclxports warnings.
This new measure our sources revealed, are all part of the Tinubus government resolve to ensure accountability in the nations oil conglomerate.
Kyari,New accountability rules
It also means that all accounts of the NNPC are no more secrets to the CBN and could be called to account for the Crude oil scales.
Yemi Cardoso,CBN Gov
This may also be interpreted that henceforth all monetary transactions by the NNPCL will be tracked and controlled by the CBN as the nation apex bank.
