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Reps summon NNPCL, INEC over alleged N802bn audit breaches, give HYPREP 7-day ultimatum

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Reps summon NNPCL, INEC over alleged N802bn audit breaches, give HYPREP 7-day ultimatum

The House of Representatives Public Accounts Committee is set to question officials of the Nigerian National Petroleum Company Limited, NNPCL, and the Independent National Electoral Commission, INEC, over alleged financial breaches amounting to more than N802.19 billion.
The allegations are contained in the reports of the Auditor-General of the Federation, AuGF, covering the 2021, 2022 and 2023 financial years, which raised queries over procurement procedures, revenue management, payments and compliance with financial regulations by government agencies.
The committee, chaired by the lawmaker representing Ede North/Ede South/Ejigbo/Egbedore Federal Constituency of Osun State, Bamidele ...

Source: Daily Post

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