The Senate Committee on Public Accounts has uncovered alleged financial irregularities totalling N210 trillion in the audited statements of the Nigerian National Petroleum Company Limited (NNPCL), raising concerns over what lawmakers described as severe contradictions and unexplained transactions within the company’s books between 2017 and 2023. At the centre of the controversy are inconsistencies in receivables and expenditures, including legal and auditing fees paid by NNPCL without adequate documentation. The committee, chaired by Senator Aliyu Wadada, challenged the company’s Chief Financial Officer, Dapo Segun, during an investigative session held on…
Read MoreSenate Flags N210 Trillion Discrepancies In NNPCL Audited Financial Reports
