The House of Representatives Public Accounts Committee (PAC) has given the Group Managing Director (GMD) of Nigerian National Petroleum Company (NNPC) Ltd and heads of its seventeen subsidiaries three days to appear before it unfailingly.

This directive was given during a hearing convened by the PAC to look into audit queries raised by the Office of the Auditor-General of the Federation (OAuGF) which bordered on gross violation of financial regulations and non-rendition of financial accounts as and when due.

PAC Chairman, Oluwole Oke (PDP, Osun) had expressed displeasure over the failure of the 17 subsidiaries to honour its invitation as earlier promised by the NNPC GMD, Mele Kyari to produce them before parliament unfailingly.

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He, therefore, insisted they must appear to respond to the queries independently.

READ ALSO: Reps C’ttee accuses NNPC of shielding subsidiaries from Parliament’s Summons

Oke in his opening remarks stated that the NNPC must change the narrative and impression created against it.

“We have to change the negative narrative that NNPC does not operate a transparent account.

We are urging you to appear with the 17 subsidiaries to respond to the queries. We do not have issues with the NNPC account besides the moving of the operating accounts to rendition accounts. These subsidiaries must appear before the Committee,” he stressed.

Earlier, Kyari had insisted that Petroleum Products Pricing Regulatory Agency (PPPRA), Nigeria Liquified Natural Gas (NLNG), West West African Gas (WAG) Ltd, NNPC Pensions Fund Limited (NPFL) and other subsidiaries as listed by the Committee were not under it.

READ ALSO: AUDIT QUERIES: Reps threaten arrest of NNPC GMD

This observation rather led to a back and forth between the Committee and NNPC as members lampooned the Mele Kyari for shielding the subsidiaries.

According to Chinyere Igwe (PDP, Rivers) said “we are not doing anything outside the law. All we are saying is that the eagle eye of the government has observed that these subsidiaries under you have violated our laws. 

We did not form the opinions of the audit queries book, we are only acting based on the queries raised by the Auditor-General’s Office.”



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