. NNPC Alleges Coordinated Sabotage Campaign To Discredit Leadership
The Senate Committee on Public Accounts has given a 10-day deadline to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Bayo Ojulari, to respond to 11 critical financial queries related to discrepancies in the company’s audited financial statements.
The Senate warned that failure to comply with the directive could attract serious constitutional consequences.
It will be recalled that the committee, chaired by Senator Aliyu Wadada, had a few days ago expressed displeasure over what it described as mind-boggling and unacceptable financial irregularities uncovered in NNPCL’s books, including over N200 trillion in unexplained receivables and undocumented legal and audit fees spanning the years 2017 to 2023.
The deadline, which would elapse on July 10, comes after NNPCL on Thursday formally requested a two-month extension to respond to the queries, a request the committee flatly rejected.
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“It is unacceptable. We have given them 10 working days. This committee will not tolerate delay tactics in matters concerning public funds,” Wadada said.
The Senate Committee chairman warned that if the NNPCL boss fail to respond, the Senate would be compelled to invoke its constitutional oversight powers.
“Any attempt to disregard this committee’s directive will amount to contempt of the Senate. We are here to protect public funds, and we will not be deterred,” he added
Meanwhile, the NNPC has raised the alarm over what it described as an emerging and coordinated campaign of sabotage aimed at discrediting its leadership and derailing its ongoing reforms.
Management of the national oil company alleged in a statement on Friday, that a syndicate involving individuals both within and outside the organisation was orchestrating a misinformation campaign in response to the company’s push for transparency and accountability.
“The Nigerian National Petroleum Company Limited (NNPCL) has uncovered an emerging coordinated sabotage campaign being waged by a syndicate of known and faceless actors, both outside and within various levels of the organisation,” the statement read.
According to the company, the group was deliberately spreading lies and planting fabricated reports designed to mislead the public and undermine the credibility of its leadership.
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