Audit Report: Senate Gives NNPCL Three Weeks to Respond to Queries on N210trn

Audit Report: Senate gives NNPCL three weeks to respond to queries on N210trn

The queries against the NNPCL were in connection with audit reports of 2017 to 2023, alleging unaccountability of N210 trillion.

Unaccounted N210trn: Senate gives NNPCL 3 weeks ultimatum...

The Senate Committee on Public Accounts on Tuesday gave  the Nigerian National Petroleum Company Limited  (NNPCL) three weeks to respond to queries raised against it over the N210 trillion funds unaccounted for, in the audit reports between 2017 and 2023. The  three-week ultimatum was given to the Group Chief Executive Officer of NNPCL, Engr Bayo Ojulari, who appeared before the committee in Abuja, after apologising for his failure to honour pre…

Audit Report: Senate gives NNPCL 3 weeks to respond to queries on N210trn

The Senate Committee on Public Accounts has given Nigerian National Petroleum Company (NNPCL) three weeks to respond to queries raised...

Senate Committee Gives NNPCL 21 Days to Explain ₦210tn Financial Discrepancies

The Senate Committee on Public Accounts on July 29, 2025, issued a 21-day ultimatum to the Nigerian National Petroleum Company Limited (NNPCL) to clarify financial discrepancies totaling ₦210 trillion, as revealed during a tense session. The concerns center on ₦103 trillion in liabilities and ₦107 trillion in assets, figures extracted from the company’s audited financial statements from 2017 to 2023, which lawmakers, led by Chairman Senator Aliy…

NNPCL Has 3 Weeks to Explain N210 Trillion Audit Queries, Senate Orders

The Nigerian National Petroleum Company Limited (NNPC Ltd) faces intensified scrutiny as lawmakers demand clarity on over $500 billion in financial transactions…

Senate Gives NNPCL 3 Weeks to Explain N210 Trillion Audit Queries

ABUJA, Nigeria — The Senate Committee on Public Accounts has given the Nigerian National Petroleum Company Limited (NNPCL) three weeks to respond to audit queries involving unaccounted assets and liabilities totalling N210 trillion, spanning 2017 to 2023. The directive was issued on Tuesday, July 29, 2025, by Senator Ahmed Wadada, chairman of the committee, during a hearing with Bayo Ojulari, the Group Chief Executive Officer (GCEO) of NNPCL, wh…