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Non remission of 6 Years Audited Accounts: Reps C’ttee Summon NNPC GMD Kyari, 18 others

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Nigeria is not refining crude locally – NNPC GMD

 

***Commences Probe Thursday

John Akubo

The House of Representatives panel on Public Accounts has summoned the Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Limited Mele Kyari, and accounting officers of 18 subsidiaries of NNPC over allegations bothering on the nonrendition of audited accounts between 2014 and 2019.

According to the audit queries issued by the office of the Auditor General of the Federation, over N663.89 billion was not remitted by NNPC into the Federation Account in 2019.

The report further showed that while the NNPC Upstream arm of National Petroleum Investment Management Services (NAPIMS) claimed to transfer the sum of N1.27 trillion into the Federation Account, the audit report revealed that NNPC remitted the sum of N608.71 billion.

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The oAuGF report observed that the sum of N519,922,433,918.46 was transferred to the Federation Account by the NNPC based on transfer mandates.
To this end, oAuGF requested the “reconciliation statement for the difference of N88,787,862,853.96 between AGF’s figure of N608,710,296,772.42 and NNPC’s figure per transfer mandate of N519,922,433,918.46.”

The Audit report further observed that 107,239,436.00 barrels of crude oil were lifted as domestic crude, while the allocation of crude oil to refineries for a billing date of 9th January to 29th May 2019 was 2,764,267.00 bbls valued at N55,891,009,960.63.”

It stated further that “Information on Sale of unutilized crude oil by Refineries for 2019 was not provided, and Information on crude oil allocations from 30th May to 31st December 2019 was not provided for scrutiny.

While alleging possible diversion of domestic crude, diversion of sale of unutilized crude as well as possible loss of Federation Account revenue, the report said the management of the NNPC failed to respond to the audit query.

Auditor General also alleged that NNPC spent US$6.410 million, (=N1.955 trillion at N305/US$1) to fund Joint Venture Cash Calls (JVCC) and other federally funded upstream projects such as Gas Infrastructure Development, Brass LNG, Crude Oil Pre-Export Inspection Agency Expenses, Frontier Exploration Services, EGTL Operating Expenses, and NESS Fee and another N55.157 billion on Pipeline Security and Maintenance without first paying the money into the Federation Account.

The invitation to the NNPC Group Managing Director was signed by the Chairman, House Committee on Public Accounts, Hon. Oluwole Oke via a letter titled: ‘Re-Consideration of Auditor General of the Federation annual report for 2019 financial year,” with Reference No: HR/PAC/SCO5/9NASS/QUE.40/43 was dated 1st April 2022.

“I refer to your appearance before this Committee on Tuesday, March 29, 2022, on the above subject matter and the Committee’s resolution to request that you come along to the next session with the Chief Accounting Officers of all NNPC Subsidiaries.

“A new date has been fixed for your appearance. You are to cause an appearance before the Committee on Thursday 7th April 2022 at 11:00 am in Meeting Room 446, House of Representatives New Building.

“This is to inform you that the Committee does not allow representation, you are to appear in person to defend your accounts laid before the Parliament.

“You are to come along with Officers who are familiar with the issues at stake and may assist you to provide answers to any question that could arise during the Session,” the letter read in part.

Some of the NNPC subsidiaries are; Nigeria Petroleum Development Corporation Limited; Kaduna Refinery & Petrochemical Company; Pipeline & Products Marketing Company Limited; Duke Oil Company Inc.; West Africa Gas Limited; Nidas Marine Limited Nigeria Liquified Natural Gas (NLNG); Hayson (Nigeria) Limited and Nigeria Gas Company.

NEWS

“We Are Raising Fraudsters” — Obi Reacts to EFCC’s Explosive Student Cybercrime Report

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Former presidential candidate of the Labour Party, Peter Obi, has reacted strongly to a recent report by the Economic and Financial Crimes Commission (EFCC) alleging that a significant number of Nigerian university students are involved in internet fraud.

The EFCC had reportedly warned that cybercrime is becoming increasingly common among undergraduates, a development it described as a growing national concern requiring urgent attention from authorities, parents, and educational institutions.

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Reacting to the claim, Obi described the situation as deeply troubling, warning that Nigeria may be “raising a generation of fraudsters” if the trend is not urgently addressed.

According to him, if even a large fraction of the allegation is true, it signals not just a crime problem but a broader collapse of values and moral discipline in the country.

He stressed that young people do not operate in isolation, arguing that society, leadership, and institutions all play a role in shaping behaviour. Obi noted that when dishonesty appears to thrive without consequences, it sends the wrong message to the youth.

The former Anambra State governor also called for urgent reforms in governance, education, and value reorientation, insisting that integrity must be restored at all levels of society.

He added that the focus should not only be on condemning young people but on addressing the systems that influence their choices and actions.

Obi further urged leaders to set better examples, warning that a society cannot expect honesty from its youth if accountability is weak at the top.

The EFCC has continued to express concern over rising cybercrime cases in tertiary institutions, describing the trend as a threat to national development and security.

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NEWS

Police Rescue Five Abducted Students in Ogun After Gun Battle

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Man Arrested For Burglary In Ogun Churches

Operatives of the Nigeria Police Force have successfully rescued five students of Gateway Polytechnic, Saapade, following their abduction by gunmen in Ogun State.

The students were reportedly kidnapped late Monday night in the Sapade area of Remo North Local Government Area, triggering a swift response from security operatives after a distress call was received around 10:55 p.m. at the Ipara Police Division.

Upon arrival at the scene, officers discovered an ash-coloured Toyota vehicle riddled with bullet holes and stained with blood. Several mobile phones and personal belongings were also recovered from the abandoned car.

SEE MORE: Horror in Kogi: Gunmen Abduct 24 Pupils in Orphanage Raid, 15 Rescued

Confirming the incident, the Police Public Relations Officer in the state, Oluseyi Babaseyi, said an identity card found at the scene linked the victims to Gateway Polytechnic, prompting an immediate escalation and a full-scale rescue operation.

The Commissioner of Police, Bode Ojajuni, subsequently ordered the deployment of tactical units in what he described as an intelligence-driven mission to secure the students’ release.

Security teams drawn from the Isara Area Command, Ipara Division, SWAT, Anti-Kidnapping Unit, Violent Crime Response Unit, Quick Response Squad, and Operation MESA were mobilised for coordinated bush-combing and tracking operations across suspected escape routes.

The sustained pressure paid off on April 28, when the students were rescued unhurt from their captors.

According to the police, the kidnappers engaged operatives in a gun duel during the rescue effort but were overpowered by superior firepower, forcing them to flee with suspected gunshot wounds. No casualties were recorded among security personnel.

“The victims were immediately evacuated, debriefed, and taken for medical attention due to the conditions they endured while in captivity,” Babaseyi added.

Commending the operatives, Ojajuni praised their gallantry and professionalism, noting that their swift coordination was instrumental to the success of the mission.

He assured residents that efforts are ongoing to apprehend the fleeing suspects, with intensified bush-combing operations already underway.

The police also urged members of the public to remain vigilant and report suspicious movements, emphasizing that community cooperation remains critical in the fight against crime.

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International News

Fresh Violence Rocks Mali as France Orders Citizens to Evacuate

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The government of France has issued an urgent directive to its citizens in Mali, advising them to leave the country immediately following a fresh wave of violent attacks.

In a travel advisory released on Wednesday, the French foreign ministry described the security situation in Mali as “extremely volatile,” citing recent assaults carried out by jihadist groups and Tuareg separatist fighters over the weekend.

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According to the statement, all travel to Mali remains strongly discouraged regardless of purpose, as authorities warned that the risk to foreign nationals has significantly increased.

“French nationals are advised to make arrangements to leave Mali temporarily as soon as possible on the commercial flights that are still available,” the ministry said.

The advisory comes amid renewed concerns over instability in the Sahel region, where armed groups have continued to intensify their operations despite years of military interventions.

President Emmanuel Macron has repeatedly expressed concern over the deteriorating security climate in Mali, particularly following the withdrawal of foreign forces and the growing influence of insurgent factions.

Mali has been grappling with insecurity since 2012, as jihadist insurgency, separatist tensions, and political unrest continue to undermine stability in the country.

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