‘Financial restructuring will enable states manage their resources’ |

Ogwemoh

MR. SYLVA OGWEMOH (SAN) is a Lagos based commercial lawyer and Senior Advocate of Nigeria. In this interview with BERTRAM NWWANEKANMA, he spoke on the recent revelation that the Nigerian National Petroleum Corporation (NNPC) may not remit money into the federation account domiciled at the Central Bank of Nigeria for lack of money.

What is your reaction to the recent revelation by the Nigerian National Petroleum Corporation (NNPC) that it does not have money to remit into the federation account for the month of May?
My answer to your question will be from two angles. First,…