Senate rejects NNPCL’s explanations over ₦210 trillion unaccounted funds
Senate rejects NNPCL’s explanations over ₦210 trillion unaccounted funds
The Senate, on Tuesday, rejected explanations presented by the Nigerian National Petroleum Company Limited (NNPCL) over what it described as unaccounted funds amounting to ₦210 trillion between 2017 and 2023, insisting that the company’s financial records remain questionable.
The rejection followed a meeting of the Senate Committee on Public Accounts, chaired by Senator Aliyu Wadada(Nasarawa West), which reviewed 19 audit queries raised against the state-owned oil company by the Office of the Auditor-General of the Federation.
Despite submitting written responses, NNPCL officials failed to appear before the committee on Tuesday a date the company itself proposed, drawing sharp criticism from lawmakers.
A visibly displeased Senator Wadada condemned the company’s absence as “offensive evasiveness,” stressing that the committee would no longer tolerate proxy appearances or written excuses.
“Today, November 11, 2025, was a date chosen by NNPCL. It is rather unfortunate that none of their officials is here on a day they themselves picked,” Wadada said.
“The public has been waiting for this. Nigerians deserve transparency, and this committee will not sweep this matter under the carpet.”
He added that the NNPCL’s written submissions only heightened the committee’s concerns, as they contained inconsistent figures and implausible claims.
According to the lawmaker, the company’s documents indicated ₦103 trillion in accrued expenses and ₦107 trillion in receivables over six years totalling ₦210 trillion.
“NNPCL’s explanation on ₦107 trillion receivables, equivalent to about $117 billion, contradicts their own documents. These figures are unrealistic and cannot stand. The committee, therefore, rejects them,” Wadada declared.
He further questioned the company’s claim that ₦103 trillion was spent on cash calls to joint venture partners in 2023 alone, despite total crude oil revenue between 2017 and 2022 amounting to only ₦24 trillion.
“Cash call arrangements were abolished in 2016. How then could NNPCL pay ₦103 trillion in one year when its revenue for five years was only ₦24 trillion? Where did that money come from?” he asked.
“As far as this committee is concerned, that figure is unjustifiable and must be returned to the Treasury.”
The committee also dismissed NNPCL’s explanation that part of the ₦107 trillion receivables was trapped in defunct banks, noting that the company failed to name any banks or provide verifiable evidence.
“This lack of transparency is unacceptable. By our records, NNPCL must account for ₦210 trillion. If the current management cannot explain, we will invite former Group Managing Directors and top NAPIMS officials to do so,” Wadada warned.
He reminded the company that the National Petroleum Investment Management Services (NAPIMS) operates under NNPCL and cannot legally maintain a separate financial account.
Issuing a final directive, the committee chairman ordered NNPCL Group Chief Executive Officer, Engr. Bayo Ojulari, to appear in person at the committee’s next session.
“The era of sending junior officers or hiding behind written submissions is over. The GCEO must appear personally. Being out of the country will no longer be accepted as an excuse,” he said.
Members of the Senate Public Accounts Committee unanimously backed Wadada’s position, vowing to ensure full accountability for every kobo of public revenue handled by the state oil company.
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Kwankwaso sets tough conditions for possible APC defection
Kwankwaso sets tough conditions for possible APC defection
Former Kano State Governor and National Leader of the New Nigeria Peoples Party (NNPP), Senator Rabiu Musa Kwankwaso, has indicated that any move toward the All Progressives Congress (APC) would depend on firm guarantees regarding political control in Kano and the protection of his supporters.
He made this known on Wednesday at his Miller Road home in Kano while receiving party leaders and loyalists from Rano and Dawakin Tofa Local Government Areas, as well as members of various Kwankwasiyya groups who used the visit to restate their allegiance to the NNPP.
“I didn’t say I won’t join APC, but we must first be clearly assured of the future of the Kano State government before we join the APC. What will be the fate of our lawmakers and other supporters before we agree to defect?” Kwankwaso said.
Reflecting on previous political alliances, the former governor warned against repeating past mistakes, recalling how his political bloc once helped to build a government but was later marginalized.
“In the past, we joined and contributed to forming the government, but later we were abandoned. That was why we left the party. Have they now changed their position toward us? Everyone knows the role we played at that time,” he added.
Kwankwaso emphasised that discussions about defection remain premature, insisting that no concrete commitments have been offered to safeguard the NNPP’s hold on power or its organizational framework in the state.
“Up till now, no one has given me a clear assurance that we will be allowed to retain our government and continue with our political structure. I need to know where I stand,” he said.
The gathering drew several senior government and party figures, including Deputy Governor Comrade Aminu Abdussalam Gwarzo, Commissioner for Science and Technology Yusuf Kofar Mata, NNPP state chairman Hon. Hashim Sulaiman Dungurawa, and other prominent officials. All openly reaffirmed their loyalty to Kwankwaso and the Kwankwasiyya Movement.
Political watchers noted that the visible solidarity from top officials points to growing internal tensions and further underscores Kwankwaso’s strong grip on the party, especially amid rumors surrounding a possible defection of Governor Abba Kabir Yusuf to the APC.
Analysts believe Kwankwaso’s measured position reflects a broader strategy to secure political structures and protect loyalists as preparations gradually shift toward the 2027 general elections.
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Suspected notorious kidnapper linked to multiple kidnappings arrested by Police
Suspected notorious kidnapper linked to multiple kidnappings arrested by Police
The Police Command in Rivers on Wednesday, said it has arrested an alleged notorious kidnapper linked to multiple kidnapping incidents in the state.
The Command’s spokesperson, CSP Grace Iringe-Koko, disclosed this to journalists in Port Harcourt, stating that the suspect was arrested on Jan. 10.
She said that the suspect aged 30, was identified as the ringleader of a notorious kidnapping syndicate, that coordinated several abductions for ransom across the state.
According to her, the suspect who is responsible for multiple kidnappings along the Port Harcourt International Airport Road, Omagwa, was apprehended by operatives of the Command’s Anti-Cultism Unit.
“The suspect was planning to relocate his operational armoury and camp to Agbonchia/Oyigbo Road in Eleme Local Government Area before his arrest,” she said.
She said that the recovered items include an AK-47 rifle with breach number 2125 and two magazines loaded with 36 rounds of 7.62 x 39mm live ammunition.
The spokesperson said that during preliminary investigations, the suspect voluntarily confessed to being the ringleader of the kidnapping syndicate.
According to her, the suspect and exhibits are currently in police custody, while efforts are ongoing to apprehend other fleeing members of the gang. (NAN)
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Govt suspend Doctors for leaving scissors in patient’s stomach after operation
Govt suspend Doctors for leaving scissors in patient’s stomach after operation
The Kano State Hospitals Management Board has acknowledged that the death of Aishatu Umar, a five-time mother, resulted from professional lapses at the Abubakar Imam Urology Centre, a government health facility in Kano.
According to a statement issued by the Board’s Public Relations Officer, Samira Suleiman, an internal probe initiated by the Executive Secretary, Dr. Mansur Mudi Nagoda, revealed that medical staff failed to remove surgical scissors from the patient’s body after an operation, a mistake that proved fatal.
Following the findings, the Board ordered the suspension of three staff members connected to the procedure, barring them from all clinical responsibilities with immediate effect.
The case has also been handed over to the Kano State Medical Ethics Committee, which will conduct a more detailed inquiry and determine appropriate sanctions in accordance with existing regulations and ethical guidelines.
“The Board extends its deepest condolences to the family of the late Aishatu Umar and sympathizes with them over this painful loss. We reassure the public that negligence will not be condoned in any form,” the statement read.
Aishatu Umar reportedly died after complications arising from a surgery in which surgical scissors were allegedly left in her abdomen.
Her husband, Abubakar Muhammad, said she repeatedly complained of worsening health conditions after the operation, but her concerns were not adequately addressed before her death.
The tragedy has triggered widespread anger among Kano residents, drawing attention to systemic weaknesses in supervision and accountability within public hospitals.
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