Senate Probes NNPC Unbundling, Says Buhari’s Action Illegal

The Senate has begun the process into the probe of the
decision of President Muhammadu Buhari to unbundle the Nigerian National
Petroleum Corporation, NNPC

According to Vanguard, in a point of Order by Senate Chief
Whip, Senator Olusola Adeyeye on the floor of the Senate today drew the
attention of other Senators to the unbundling of the nation’s agency in charge
of the oil and gas sector in the country.

Adeyeye who will formally present a motion tomorrow where
there would be extensive debate at the plenary, described the exercise as
illegal as the federal government did not consult the National Assembly to
repeal the enabling law that set up the organisation, before breaking it into
different components.

Workers of the NNPC had shut down the corporation’s
operations nationwide following the exercise and the development had led to
fuel queues across the country.