NEITI Audit: You have 48hrs to appear for probe – Senate to four oil companies 

The Senate, done its Public Accounts Committee, connected Tuesday gave Seplat Energy, Network E&P Nigeria Limited, All Grace Energy Limited and Aradel Energy Limited 48 hours to look earlier it implicit queries raised against them successful the 2021, 2022 and 2023 audit reports by the Nigeria Extractive Industries Transparency Initiative, NEITI.

The companies were directed to respond to issues contained successful the audit reports oregon hazard the invocation of legislative powers against them.

The ultimatum was issued by the Senator Ibrahim Hassan Dankwambo-led committee pursuing displeasure expressed by immoderate members implicit the lack of the companies.

First to telephone for authorisation was Senator Abdul Ningi, Bauchi Central, who described a missive written by Network E&P Nigeria Limited to the committee arsenic disturbing and provocative.

In the letter, the institution said it reports to the Nigerian Upstream Petroleum Regulatory Commission, NUPRC.

“The Senate and by extension, the National Assembly, is the custodian of Nigeria instrumentality that has powerfulness to invitation anybody oregon bureau for explanations connected issues raised against them,” Ningi said, citing Sections 88 and 89 of the 1999 Constitution.

In support, Senator Shehu Kaka Lawan, (Borno Central), called for the invocation of law powers against the absorption of the affected companies.

“Having failed to honour invi...