The Senate has issued a directive to the management of the Nigerian National Petroleum Company Limited (NNPCL) to appear before its Committee on Public Accounts on April 29, to account for an alleged N210 trillion flagged in audit reports spanning 2017 to 2023.
The committee also ordered the Group Chief Executive Officer, Bayo Ojulari, to appear alongside the immediate past GCEO, Mele Kyari, former Chief Financial Officer, Umar Ajia, Bala Wunti as well as the company’s external auditors, stressing that their attendance must be unfailing.
The resolution followed a motion moved by Osita Izunaso and seconded by Adams Oshiomhole yesterday.
Chairman of the committee, Aliyu Wadada, said the Senate was dissatisfied with the explanations so far provided by the national oil company on the queried sum, insisting that the N210 trillion flagged in the audit reports must be fully accounted for, particularly by the immediate past management.
According to Wadada, responses given by the NNPCL to 19 audit queries were inadequate and failed to meet public expectations for transparency and accountability.