AKK Pipeline Project Cost Not Inflated By $1.5bn – NNPC Insists

AKK Pipeline Project Cost Not Inflated By $1.5bn – NNPC Insists

The Nigerian National Petroleum Corporation, NNPC has dismissed the allegation that the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project was inflated to the tune of $1.527 billion.

The Group General Manager, Group Public Affairs of the NNPC, Dr Kennie Obateru in a statement described the accusation as false, baseless and unfounded, stating that the NNPC was considering instituting legal actions against the purveyors of the false news.

It stated that the attention of the Bureau for Public Procurement, BPP had been drawn to the accusation which it completely rejected as the speculative analysis of the online medium, false and not portraying the true position of the BPP’s report on the subject.

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Source: OrientEnergyReview

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