Domestic Crude Oil: Auditor General Accuses NNPC, CBN Of Non-Remittance Of N3.235 Trillion - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 01
November 16, 2020
The Auditor General of the Federation has queried the Nigeria National Petroleum Corporation, NNPC and the Central Bank of Nigeria (CBN) for not remitting about N3.235 trillion from the sale of domestic crude to the Federations Account in 2014.
The Auditor General said in one of the numerous audit queries pending against the NNPC before the House of Representatives Committee on Public Accounts that the corporation has also failed to respond to similar issue raised in 2012.
The new query which was sighted by The Nation is coming less than two weeks after the Auditor General’s office also submitted a similar query to the Committee accusing the NNPC of illegal withdrawals of $20.301 billion from the Nigerian Liquefied Natural Gas (NLNG) Dividends account.
Following the development, Chairman of the House Committee on Public Account has asked the Group Managing Director of the NNPC, Mele Kyari and the Governor of the Central Bank, Godwin Emiefele to appear before the House to offer explanation on the issue.