October 22, 2025
BUSINESS

Breaking: Senate sets up ad hoc committee to investigate $3.5bn NNPC subsidy use

The Senate says it has set up an ad hoc committee to investigate the use to which the sum of $3.5bn alleged subsidy was put.

This was contained in a tweet on the verified Twitter handle of The Nigerian Senate, @NGRSenate.

The tweet reads,

The Nigerian Senate

“I ask that the Senate Committee on Gas immediately investigate this matter.”- Senator Bassey Akpan.

The Nigerian Senate

@NGRSenate

“An adhoc committee was set up to investigate the $3.5 billion NNPC Subsidy use. The particular issue of $1.05 that Nigeria took from NLNG came up. I don’t think the Senate committee on Gas should investigate this; we are doing that.”- Senate Leader, Ahmad Lawan.

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