Senate Summons NNPCL Over N210trn Missing Funds
Sponsored Ads
Nigeria’s Senate has ordered the Nigerian National Petroleum Company Limited to appear before it by April 29, 2026, over N210 trillion yet to be accounted for.
LIST OF APPLICATIONS FOR REGULARISATION OF AREA COUNCIL LAND DOCUMENTS NULLIFIED/CANCELLED BY THE HONOURABLE MINISTER OF FCT
The directive came from the Senate Committee on Public Accounts after reviewing audit reports covering 2017 to 2023, raising fresh concerns about transparency in the oil sector.
LIST OF APPLICATIONS FOR REGULARISATION OF AREA COUNCIL LAND DOCUMENTS NULLIFIED/CANCELLED BY THE HONOURABLE MINISTER OF FCT
The committee, led by Aliyu Wadada, asked the company’s current and former leadership to attend the hearing.
RELATED STORIES
Related Posts
Those expected include Bayo Ojulari, former chief Mele Kyari, ex-finance head Umar Ajia, and other officials, alongside the firm’s external auditors.
Lawmakers said earlier responses from the company were not convincing, especially on claims that part of the funds were liabilities and joint venture costs.
They insisted on clear breakdowns and proper details, stressing that Nigerians deserve full disclosure on how the money was handled.
The move followed a motion by Osita Izunaso and support from Adams Oshiomhole, with some members warning of stricter action if the company fails to comply.
The Senate maintained that accountability remains key to public trust and governance.
Comments are closed.