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Senate Sets April 29 Deadline for NNPCL to Account for Missing N210trn
The committee rejected NNPCL’s blanket explanation for N103 trillion in liabilities and demanded breakdowns for 19 audit queries.
- The Senate Committee on Public Accounts ordered the Nigerian National Petroleum Company Limited to account for N210 trillion flagged in audit reports from 2017 to 2023 by Wednesday, April 29, 2026.
- Chairman Aliyu Wadada rejected NNPCL's previous responses to 19 audit queries as unsatisfactory, stating that Nigerians deserve 'clear, detailed and convincing responses' rather than blanket explanations.
- The committee demanded a breakdown of N103 trillion labeled as 'liabilities' and detailed explanations for N107 trillion spent on Joint Venture Cash Calls, including specific amounts for retention, legal, and audit fees.
- Group Chief Executive Officer Bayo Ojulari must lead a delegation including former GCEO Mele Kyari and former CFO Umar Ajia to appear before the committee unfailingly on April 29.
- Following a motion by Senator Osita Izunaso and Senator Adams Oshiomhole, lawmakers expressed concern over the growing reluctance of officials to honor invitations from the National Assembly.
13 Articles
13 Articles
Senate gives NNPC deadline to explain N210trn audit queries
The Senate committee said the explanations earlier provided by NNPCL to the 19 audit queries were unsatisfactory, noting that Nigerians deserved clear, detailed and convincing responses. The post Senate gives NNPC deadline to explain N210trn audit queries appeared first on Premium Times Nigeria.
Senate sets April 29 deadline for NNPCL to account for missing N210trn
The Senate, through its Committee on Public Accounts, has set April 29, 2026, as deadline for the Nigerian National Petroleum Company Limited, NNPCL, to account for the missing N210 trillion flagged in audit reports of 2017 to 2023. Chairman of the committee, Senator Aliyu Wadada (SDP Nasarawa West), issued the ultimatum on Wednesday after a meeting at the National Assembly, Abuja. He directed NNPCL Group Chief Executive Officer, Engr. Bayo Ojul…
N210trn: Senate Asks NNPCL GCEO To Produce Mele Kyari, Others
The Senate, through its committee on Public Accounts, has set April 29, 2026, as deadline for appearance of management of the Nigerian National Petroleum Company Limited ( NNPCL) before it over the yet to be accounted N210trillion contained in audit reports from 2017 to 2023 . The Committee specifically declared that the Group Chief Executive Officer ( GCEO) of NNPCL, Engineer Bayo Ojulari , should lead the immediate past GCEO , Mele Kyari , for…
Senate Summons Ojulari, Kyari Over N210trn NNPC Audit Queries
By Adedapo Adesanya The Senate, through its Committee on Public Accounts, has given the management of Nigerian National Petroleum Company (NNPC) Limited an April 29 deadline to appear before it to account for the N210 trillion flagged in audit reports from 2017 to 2023. The committee directed the chief executive of the state oil company, […]
Senate gives NNPCL April 29 deadline to account for N210trn, summons Kyari, Ojulari - THE AUTHORITY NEWS
From left Senator Abdul Ningi, Senator Osita Izunaso and Chairman Senate Committee on Public Account Senator Aliyu Wadada, during a press briefing on the non-appearance of the management of NNPCL over the issue of alleged missing N210 trillion. By Abbanobi -Eku Onyeka Abuja The Senate Committee on Public Accounts on Wednesday set April 29, 2026 as the deadline for the management of the Nigerian National Petroleum Company Limited (NNPCL) to appea…
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