Reps, FG contest Nigerias N2 8bn payment procedure to OPEC dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.
Punch Newspapers
Sections
Leke Baiyewu, Abuja
The House of Representatives Committee on Public Accounts, on Thursday, strongly criticised the failure by the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, and heads of the corporation’s subsidiaries to appear before it.
The committee decried that it was the tenth time the officials would write to defer their appearance at its investigative hearing on the audit queries issued against them by the Office of the Auditor General of the Federation, including unaccounted proceed of oil sales amounting to about N3.9tn.
Those with queries against them are the Nigerian Petroleum Development Company Limited, Petroleum Products Marketing Company Limited, Petroleum Products Pricing Regulatory Agency, NNPC Retail Limited, National Petroleum Investment & Management Services, National Petroleum Exchange, Nigerian Gas Company, NNPC Pension Limited, Kaduna Refining and Petrochemical Company, Warri Refining and
ABUJA – The House of Representatives Committee on Public Accounts has written to the Nigerian National Petroleum Corporation (NNPC), demanding full details of the $20.3 billion said to have been illegally withdrawn from the Nigerian Liquefied Natural Gas (NLNG) account as contained in the audit query of the Auditor General of the Federation now before the Natiional Assembly.
The Committee’s request was contained in a letter with Reference No: HR/PAC/SCO5/9NASS/QUE.9/974 dated 7th December, 2020 signed by its Chairman, Hon. Oluwole Oke(PDP-OSUN) and addressed to the NNPC Group Managing Director, Malam Mele Kyari.
The lawmakers who expressed dissatisfaction with the explanations so far given by NNPC, also asked for the comprehensive financial records of the corporation with expenditure details of funds utilisation from the inception of NLNG to date.