Abuja: By Segun AJAYI,
Published Monday, March 21, 2022
THE HOUSE OF REPRESENTATIVES COMMITTEE on Public Accounts has once again summoned the 17 subsidiaries of the defunct Nigeria National Petroleum Corporation (NNPC), now NNPC Limited, to appear before it to answer questions on the audit queries issued by the Auditor General for the Federation over the operation of their finances between 2014 and 2019 respectively.
The summon which was personally signed by the Chairman of the Committee, Rep. Busayo Oluwole Oke (PDP -Osun) and dated 16th March, 2022 was addressed to the Group Managing Director of the NNPC Limited, Mele Kyari.
The letter titled "Consideration of the Auditor General of Federation's Annual report on Federations account 2014-2019 financial years and non rendition of audited account by NNPC subsidiaries covering the period 2014-2019 to the Auditor General's Office".
It reads "Pursuant to section 85, 88 and 89 of the 1999 constitution as amended and Order XX Rule 6 of the House of Representatives Standing Order, I again request you to provide all the Managing Directors of the following 17 NNPC subsidiaries with their Accounting Officers to appear before the Committee and answer all issues raised against them in the above subject matter."
The subsidiaries include Nigeria Petroleum Development Company Limited, Kaduna Refining and Petrochemical Company Limited, Pipeline and Products Marketing Company Limited, Duke Oil Company Inc; West Africa Gas Limited Nidas Marine Limited whose accounting officers are to appear on Wednesday, March 23, 2022.
Managig Directors of other subsidiaries expected to appear on March 24, 2022 nclude Hyson (Nigeria) Limited, Nigeria Gas Company, National Engineering and Technical Company, National Petroleum Exchange, NNPC Pensions Limited, Warri Refining and Petrochemical Company, while
Port Harcourt Refining Company, NNPC Retail Limited, Integrated Data Service Limited, National Petroleum Investment & Management Services (NAPIMS) and Petroleum Product Pricing Regulator Agency PPPRA) are expected to appear on Friday, March 25.
The Companies, according to the letter are expected to provide copies of their Audited Accounts for 2015 -2021 in compliance with financial regulation No, 3210(v), Evidence of Submission of copies to Auditor General Office for the Federation.
They are also to present to the House, Evidence justifying non-cooperation in respect of constitutional Checks conducted based on Section 85(4) of the Constitution of the Federal Republic of Nigeria.
The 17 companies had failed to appear before the House committee on several occasions, even after threats of invoking the provisions of the constitution to issue a warrant of arrest.
However, the Management of the NNPC Limited had assured the Committee that the companies would honour the invitation and asked that the letter of summon be channeled through the Group Managing Director who would lead them on days allotted to them
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