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Audit query: Reps kick as NNPC, others shun summons

Punch Newspapers
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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, ....

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Reps probe NNPC over N3.9trn domestic crude oil revenue shortfall

Reps probe NNPC over N3.9trn domestic crude oil revenue shortfall
Reps probe NNPC over N3.9trn domestic crude oil revenue shortfall
• N1.8trn cash call refund, demand evidence of N450bn full refund with accrued interest
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Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, is expected to appear before the House of Representatives on Thursday, over audit query issued by the office of the Auditor General of the Federation (oAuGF) bothering on N3.878 trillion under remittance revenue from domestic crude oil sales.
Other audit queries on the non-collection of miscellaneous gas receipt for some month in the 2015 financial year, to be answered by the NNPC helmsman, include; refund of N450 billion by NNPC to Federation Account; refund of N1.8 trillion; unpaid gas revenue without details worth $198,919,212.27 (N37,189,084,819.19). ....

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