Audit Report: Senate gives NNPCL three weeks to respond to queries on N210trillion

Date:

By Haruna Salami

The Senate has given the Nigerian National Petroleum Company Limited (NNPCL) three weeks to respond to queries raised against it in the audit reports of 2017 to 2023, alleging  N210 trillion unaccounted for.

 The Chairman Senate Public Accounts Committee (SPAC), Senator Ahmed Wadada Aliyu (Nasarawa West) who stated this on Tuesday at a meeting with NNPCL management explained that the amount in question was neither stolen nor missing, but yet to be accounted for.

 The  three weeks window for explanations was given to the Group Chief Executive Officer of NNPCL, Engr. Bayo Ojulari after accepting his apology for past failure to appear before it.

READ MORE  Katsina United's Abba Dali Named in Flying Eagles’ 35-Man WAFU B Championship Squad 

Ojulari had after his apology to the committee, explained to its members  that for satisfactory response from him on the 19 queries raised, he needed more time to dig into the technicalities and perspectives of issues raised.

“I’m just over 100 days in the office as the GCEO of NNPCL.  I still need time to do further digging , given the perspectives I have heard concerning the issues.”

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

📲 Join our WhatsApp Channel
READ MORE  POCA Amendment: ANEEJ Hosts Dialogue to Enhance Legislative Oversight

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Transcorp Hilton Abuja Unveils Padel Court, Targets Sports Development, Wellness

Transcorp Hilton Abuja has unveiled a new padel court...

FUDMA Appoints Mamman, Dean, Students’ Affairs

FUDMA Appoints Mamman, Dean, Students' Affairs   The Vice-Chancellor, Prof. Mohammed...

Sule: Tinubu’s Reforms Enable Nasarawa to Execute N90bn Projects Without Bank Loans

Nasarawa State Governor, Abdullahi Sule, says increased revenue resulting...

Pursue scholarship to solve humanity’s challenges, Adetokun tells postgraduate students 

Pursue scholarship to solve humanity's challenges, Adetokun tells postgraduate...