It is becoming increasingly difficult to blog on Nigeria from a positive perspective. This is one of the reasons:
The Nigeria National Petroleum Corporation (NNPC) pays $6 million to Niger Delta militants as “protection fee’ monthly, the House of Representatives Committee on Finance investigating the alleged non remittance of revenue collected by government agencies from 1999 to March 2008 heard yesterday.
The NNPC in its submission to the committee yesterday said it was forced to pay the sum of $6 million monthly to militants who threatened to “deal” with the corporation.
Daily Trust has the full coverage.
[...] Yesterday, this blog reported that the NNPC, Nigerian-richest public corporation has been paying monthly ‘protection fees’ to t… [...]
July 24, 2008 at 11:30 am