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

The House of Representatives Public Accounts Committee is acceptable to question officials of the Nigerian National Petroleum Company Limited, NNPCL, and the Independent National Electoral Commission, INEC, implicit alleged fiscal breaches amounting to much than N802.19 billion.

The allegations are contained successful the reports of the Auditor-General of the Federation, AuGF, covering the 2021, 2022 and 2023 fiscal years, which raised queries implicit procurement procedures, gross management, payments and compliance with fiscal regulations by authorities agencies.

The committee, chaired by the lawmaker representing Ede North/Ede South/Ejigbo/Egbedore Federal Constituency of Osun State, Bamidele Salam, is empowered nether Sections 85, 88 and 89 of the Constitution, arsenic good arsenic Order 20, Rule 6 of the House Rules, to analyse nationalist accounts and analyse issues relating to gross losses, non-remittance of statutory funds and breaches of fiscal regulations.

A subordinate of the committee, who spoke connected information of anonymity due to the fact that helium was not author...