Kyari Denies N210trn Missing Funds, Says Nothing Was Lost Under His Watch

The immediate past Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, on Tuesday refuted allegations of an unaccounted N210 trillion in the balance sheet of the national oil company, as contained in the 2017 to 2023 audit report.
Kyari, who made the rebuttal before the Senate Committee on Public Accounts, declared that no such financial infraction occurred under him as Chief Executive of NNPCL from 2019 to 2025.
He said the alleged unaccounted figures arose from accounting entries which had nothing to do with financial loss.
“I wish to confirm that nothing was lost. It is simply not possible that such an amount could have bee...