Amid N20billion Fraudulent Contracts, Senate Indicts Nigerian Petroleum Company, NNPC Over Failure To Account For N102billion Oil Delivery | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The Nigerian National Petroleum Corporation failed to account for oil delivery to Warri and Kaduna refineries amounting to N102billion, a report by the Nigerian Senate has revealed. The Senate had on Wednesday considered and adopted the report of its Committee on Public Accounts which probed the spendings of government agencies using the 2016 audit report. The report said in 2016, the NNPC delivered crude oil to Warri Refinery and Petrochemical Company (WRPC) and Kaduna Refinery and Petrochemical Company without details of what was delivered to the two firms.

Amid N20billion Fraudulent Contracts, Senate Indicts Nigerian Petroleum Company, NNPC Over Failure To Account For N102billion Oil DeliveryThe Senate had on Wednesday considered and adopted the report of its Committee on Public Accounts which probed the spendings of government agencies using the 2016 audit report.The Nigerian National Petroleum Corporation failed to account for oil delivery to Warri and Kaduna refineries amounting to N102billion, a report by the Nigerian Senate has revealed.

The report, presented by Senator Matthew Urhoghide, said: “From the review and examination of domestic crude oil lifting sales profile presented for audit verification, it was noted that several deliveries were stated to be jointly lifted by or delivered to WRPC and Kaduna Refinery and Petrochemical Company without necessary details or breakdown of what was delivered to respective companies.”

The senate adopted the recommendation of committee urging the head of the NNPC to provide specific details of crude delivered to the two refineries for audit. This is coming a few days after SaharaReporters reported how the Ogun State government dragged NNPC to court over unpaid tax liabilities running into N9 billion.

However, the state government was surprised that nothing was paid to it, but NNPC paid itself to the tune of over a billion naira. He alleged that most of the payments to the consultants are being shared by the management of the defunct PPMC.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Apc and their supporters have finished this country para pata

Show me an administrative position a northener is successfully holding in government and i will show u 2 unicorns. They have had there turn and making a mess of everything dey touch.

Hausa/Fulanis, aided by Yorubas, will run this country to the ground. Their corruption and incompetence knows no bound. No wonder all the DISCOs in their regions have been repossessed by banks due to poor management, while Enugu Disco is still running smoothly despite challenges

Na Buhari una the indict, he is the petroleum Minister for over 7 years now.

Make una dey play. One day una go vomit all this money wey una dey loot

They sold the product through the back door and tell us stories that sound good to our hearing. until the nation is purged of these political elite/class of people, I am sorry to say nothing for Nigeria. The corruption is like a spider web..

That's why they are all fighting against a New Nigeria as being championed by Peter Obi

Why not indict the Hon. Minister for petroleum Mohammed Buhari

And this is what tinubu is trying to continue with

Balablu...

The Minister of Petroleum must give account.

Can you tell reason why some people are still supporting APC govt. Are their living in a different Nigeria?

This guy has run NNPC as his personal enterprise.Changed every promotion process so as to favour his people and truncating the career progression of many.Appointees of gov remained unchecked in this administration. They criticized Deziani but did nothing to put checks in place.

It will be swept under the carpet

officialEFCC EFCC do not arrest & investigate heist like this one, they will be chasing yahoo Boyz around different corners in Nigeria. Useless compromised entity.

No be your cow be petroleum minister

Billion billions all the time make una nor Let person head burst 💥 with all this money when dey lost everyday like say na 50 card note oo

Why is no one holding the petroleum minister he should account for the money too. Abi I should keep my mouth shot?

This story will not last 48hrs.

It is amazing how Nigeria is still standing. They've stolen so much

I don't even know what to say again

Stealing everywhere

And I dey find money for one tab🤦

Astronomical corruption under the genocidal criminal Tyrant MBuhari

'Ministers' of petroleum, abeg come forward.

OPay_NG OPaySupport please I can't access this account (8137417990) from Istanbul Turkey since 4 days now, none of your customer service is replying me, what's going on ?

Structure of criminality we voted to dismantle. And INEC trying to rob us.

Una never see anything. If they don't finish us economically they will not stop. These are the devils we do pray against when we go to church.

Don’t worry, misplace more… it’s for the betterment of Nigeria

Another 20b don dissappear again chai 🙆‍♀️🙆‍♀️🙆‍♀️

Lol... 102 Billion gone with the wind as usual

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NNPC Offers 9% Funding To Shipowners For Vessel AcquisitionThe Nigerian Maritime Administration and Safety Agency (NIMASA), has disclosed that the Nigerian National Petroleum Company Limited (NNPC), has expressed Boju-Boju.
Source: LeadershipNGA - 🏆 4. / 77 Read more »