House Committee summons NNPC subsidiaries
Politics
THE House of Representatives Committee on Public Account, PAC, has summoned all Nigerian National Petroleum Corporation, NNPC, subsidiaries over financial queries raised by the Office of the Auditor General of the Federation, OAuGF.
Rep. Wole Oke (PDP-Osun), chairman of the Committee, said this at an investigative hearing on Thursday, February 18, in Abuja.
“This parliament is a parliament of rules and the Constitution of Nigeria has given us a window to conduct our activities in a manner that is suitable to us.
“When we asked your subsidiaries to cause appearance, it is pursuant to section 88 and 89 of the Constitution of the Federal Republic of Nigeria.
“We want to hear from them, we want to extract evidences from them because there are officers that are Chief Executives of those subsidiaries.
“We have queries against NAPINS, yes they report to you, it is our own right in this parliament to determine how we conduct our businesses,” he said.
Earlier, Umar Ajiya, chief financial officer of NNPC, said he was in position to speak for the agencies since they reported to the NNPC.
“I am responsible for the entire financial reporting of the group and so also the Group Managing Director, GMD, with the gentlemen with me here, we can answer any question,’’ he said.
Ajiya said that in the real sense, the NNPC was not owing rather, the federal government was owing the corporation. – NAN
– Feb. 18, 2021 @ 8:45 GMT |
Related Posts
Reps minority caucus commiserates with stampede victims
THE Minority Caucus of the House of Representatives has urged the government, at all levels, to take targeted actions to...
Read More2025 budget will bridge infrastructure deficit – Tinubu
PRESIDENT Bola Tinubu on Monday said that the borrowing envisaged in the 2025 budget was targeted at providing critical infrastructure....
Read MoreYahaya Bello threatens to sue online media over alleged comment against Tinubu
FORMER Gov. Yahaya Bello of Kogi has threatened to sue persons behind an online media, Daily Excessive, over alleged fake...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.