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NNPC Must Account For N1.3 Trillion Illegally Deducted From Federal Account – House Of Reps

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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.

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

He said it was improper that NNPC could take the money without any questions asked.

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 from 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.

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