NNPC Must Account For N1.3t ‘Illegally’ Deducted In 2017 – Reps

The House of Representatives has stated the Nigeria National Petroleum Corporation(NNPC) must account for N1.3 trillion, which it allegedly illegally deducted from the Federation Account in 2017.

Chairman of the House Public Accounts Committee, Wole Oke, stated this while quizzing the Accountant General of the Federation on unauthorised deduction from Federation Account by revenue collecting agencies in that year.

According to him: “They just take money and nobody to ask questions. Even the Accountant General cannot ask questions. NNPC has to account for the money.

“Aside illegally taking the money, which violates section 162 of the constitution, they should rather account. What did they do with the money,” he queried.

The Committee also queried the Accountant General over inadequate disclosure of aids and grants to agencies amounting to N6.6 billion in the same year.

It directed the Accountant General to provide a list of beneficiaries of the donations.

-NATION