NNPC urged to account for N1.3 trn taken from federation Account

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NIGERIAN legislators in the House of Representatives are asking the Nigeria National Petroleum Corporation, NNPC, to account for N1.3 trillion which it allegedly illegally deducted from the Federation Account in 2017. Wole Oke, chairman of the House Public Accounts Committee, made this known on Tuesday in Abuja while quizzing the accountant general of the Federation on unauthorised deduction from Federation Account by revenue collecting agencies in that year. Oke said it was improper that NNPC should take the money without any questions asked, adding: “They just take money and nobody to ask questions. Even the accountant general cannot ask questions. NNPC has to account for the money. He stressed: “Aside illegally taking the money, which violates section 162 of the Constitution, they should rather account. What did they do with the money,” 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. – Feb. 23, 2021 @ 19:06 GMT /

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