Governors, Presidency In Fresh Row Over Oil Sale Proceeds As NEC Meeting’s Postponed Again
the presidency for the sixth time, postponed yesterday a scheduled meeting of the National Economic Council (NEC). Governors, who were already in Abuja, were left fuming with disappointment as they had arrived the nation’s capital prepared to raise issues on the controversial $49.8b oil money in dispute between the Central Bank of Nigeria and the Nigerian National Petroleum Corporation (NNPC). Vice President Namadi Sambo is the chairman of NEC. The meeting was fixed for today (Thursday). A new date was not announced. Although the “missing” oil proceed was reduced to $10.8billion after a reconciliation meeting, the governors are demanding a probe of the $49.8billion. It was learnt that the postponement followed security reports that the governors had adopted six more posers, including some that had been raised earlier by Governor Rotimi Amaechi of Rivers State, for discussion at the meeting. The posers are: •How much oil does the country produce daily?