{"id":33104,"date":"2020-12-04T16:23:00","date_gmt":"2020-12-04T16:23:00","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=33104"},"modified":"2020-12-04T16:23:00","modified_gmt":"2020-12-04T16:23:00","slug":"reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds","title":{"rendered":"Reps invite Emefiele, Ahmed over alleged illegal withdrawal of $21bn NLNG funds"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.com\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.com\/nigeria\">Nigeria<\/a>. <\/strong><\/span>The House of Representatives has invited Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN); Zainab Ahmed, the minister of finance, budget and national planning as well as Ahmed Idris, the accountant-general of the federation over the purported illegal withdrawal of $21 billion from the Nigeria Liquefied and Natural Gas Limited (NLNG)\u2019s Dividends Account from 1999 to 2020.<\/p>\n<p>The committee on public accounts of the lower legislative arm put out the summons following a remark by Mele Kyari, the group managing director of the Nigeria National Petroleum Corporation (NNPC) that the deductions from the NLNG Dividends Account were endorsed by the CBN, the Federal Ministry of Finance and the NNPC.<\/p>\n<p>Umar Ajiya, the NNPC chief financial officer, who deputised for Mr Kyari, noted that the proceeds from the dividends account represented the Nigerian government\u2019s share of revenues from the oil earnings distributed among federal and state governments.<\/p>\n<p>\u201cAll withdrawals were based on approved mandates of the relevant authorities. As far as NNPC is concerned, investments in NLNG were done on behalf of the Federal Government.<\/p>\n<p>\u201cI was the treasurer of NLNG, so I was aware of the Federal Government\u2019s investment in the project. The same matter came up at the FEC and was referred to a committee headed by the Governor of Kaduna State,\u201d he said.<\/p>\n<p>He further stated that the Nigerian government, whose interest NNPC represented in the NLNG joint venture, was the rightful owner of the investment, meaning that the investment accrued to the Nigerian government and not the federation account.<\/p>\n<p>\u201cThere is no question of illegal withdrawal. Nobody can withdraw from the account, illegally; the CBN Governor can be invited to attest to that.\u201d<\/p>\n<p>He added that the investment proceeds were overseen, distributed or utilised at the behest of the Nigerian government.<\/p>\n<p>Opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The House of Representatives has invited Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN); Zainab Ahmed, the minister of finance, budget and national planning as well as Ahmed Idris, the accountant-general of the federation over the purported illegal withdrawal of $21 billion from the Nigeria Liquefied and Natural Gas [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":33103,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,28,14,26],"tags":[1570,1825,653,254,434],"class_list":["post-33104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-ahmed-idris","tag-emefiele","tag-nigeria","tag-nnpc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Reps invite Emefiele, Ahmed over alleged illegal withdrawal of $21bn NLNG funds - Nigeria<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reps invite Emefiele, Ahmed over alleged illegal withdrawal of $21bn NLNG funds\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Nigeria. The House of Representatives has invited Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN); Zainab Ahmed, the minister of finance, budget and national planning as well as Ahmed Idris, the accountant-general of the federation over the purported illegal withdrawal of $21 billion from the Nigeria Liquefied and Natural Gas [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-04T16:23:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2020\/12\/img-5fca61d893d8e.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"347\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Reps invite Emefiele, Ahmed over alleged illegal withdrawal of $21bn NLNG funds\",\"datePublished\":\"2020-12-04T16:23:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds\"},\"wordCount\":313,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2020\/12\/img-5fca61d893d8e.jpg\",\"keywords\":[\"Africa Press\",\"Ahmed Idris\",\"Emefiele\",\"Nigeria\",\"NNPC\"],\"articleSection\":[\"all news\",\"homepage-english\",\"Policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/reps-invite-emefiele-ahmed-over-alleged-illegal-withdrawal-of-21bn-nlng-funds\",\"name\":\"Reps invite Emefiele, Ahmed over alleged illegal withdrawal of $21bn NLNG funds - 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