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Reps order NNPC GMD to produce subsidiaries’ heads

The House of Representatives Committee on Public Accounts Tuesday directed the Group Managing Director of the Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari, to…

The House of Representatives Committee on Public Accounts Tuesday directed the Group Managing Director of the Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari, to produce heads of subsidiaries mentioned in the various audit queries by the Office of the Auditor-General for the Federation. 

The NNPC management, led by the Chief Financial Officer, Umar Ajiya, who represented Kyari, appeared before the committee over the audit queries.

The chairman of the committee, Oluwole Oke, alleged that the NNPC was shielding its subsidiaries from honouring summons by the committee on audit queries raised against them over violations of various financial regulations over the years.

He said the committee had resolved to extract the entire queries from the audit reports and publish them in national dailies for the general public and the presidency to see how those in charge of the NNPC and its subsidiaries were running them.  

Responding, Ajiya said the NNPC would never have any reason to shield heads of its subsidiaries.

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