NNPC must account for N1.3t ‘illegally’ deducted in 2017 – Reps




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The House Representatives has stated the Nigeria National Petroleum Corporation(NNPC) must account for N1.3 trillion, which it allegedly illegally deducted from the Federation Account in 2017.

the House Public Accounts Committee, Wole Oke, stated this while quizzing the Accountant General of the Federation on unauthorised deduction from Federation Account by revenue collecting agencies in that year.


He said it was improper that could the money without any questions asked.

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According to him: “They just money and nobody to ask questions. Even the Accountant General cannot ask questions. NNPC has to account for the money.

“Aside illegally taking the money, which violates section 162 the constitution, they should rather account. What did they do with the money,” he queried.

The Committee also queried the Accountant General over inadequate disclosure aids and grants to agencies amounting to N6.6 billion in the same year.

It directed the Accountant General to provide a list beneficiaries of the donations.

Source