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Audit Query: Reps summon heads of 17 NNPC subsidiaries

The House of Representatives Public Accounts Committee (PAC) has summoned the heads of 17 Nigerian National Petroleum...

The House of Representatives Public Accounts Committee (PAC) has summoned the heads of 17 Nigerian National Petroleum Corporation (NNPC) now NNPC Ltd to appear before it over audit queries by the office of the Auditor General of the Federation (AuGF).

The audit queries were issued over the operations and finances of the NNPC subsidiaries between 2014 and 2019.

The summon was contained in a letter signed by the Chairman of the Committee, Wole Oke (PDP, Osun) dated 16th March 2022.

The letter titled: “Consideration of the Auditor General of Federation’s Annual report on Federations account 2014-2019 financial year and non-rendition of the audited account by NNPC subsidiaries covering the period 2014-2019 to the Auditor General’s Office”, was addressed to the GMD, NNPC Ltd, Mele Kyari.

It reads “Pursuant to section 85, 88 and 89 of the 1999 constitution as amended and Order XX Rule 6 of the House of Representatives Standing Order, I again request you to provide all the Managing Directors of the following 17 NNPC subsidiaries with their Accounting Officers to appear before the Committee and answer all issues raised against them in the above subject matter”.

The subsidiaries summoned include; Nigeria Petroleum Development Company (NPDC) Limited, Kaduna Refining and Petrochemical Company Limited, Pipeline and Products Marketing Company Limited, Duke Oil Company Inc; West Africa Gas Limited, Nidas Marine Limited.

They are to appear on Wednesday, March 23, 2022.

Others subsidiaries which include; Hyson (Nigeria) Limited, Nigeria Gas Company, National Engineering and Technical Company, National Petroleum Exchange, NNPC Pensions Limited, Warri Refining and Petrochemical Company, are to appear on Thursday, March 24, 2022.

Port Harcourt Refining Company, NNPC Retail Limited, Integrated Data Service Limited, National Petroleum Investment & Management Services (NAPIMS) and Petroleum Product Pricing Regulator Agency PPPRA) are expected to appear on Friday, March 25.

According to the letter, the Companies, are expected to provide copies of their Audited Accounts for 2015 -2021 in compliance with financial regulation No, 3210(v), Evidence of Submission of copies to the Auditor General Office for the Federation.

It could be recalled that the Committee had after the appearance of the NNPC Ltd’s Chief Financial Officer, Umar Ajiya who represented the Group Managing Director (GMD), Mele Kyari during its last sitting directed that, the heads of the NNPC subsidiaries must be produced by the GMD.

The clerk of the Committee was also directed to write letters to the affected NNPC subsidiaries to appear before the committee.