Reps summon NNPC GMD, 18 subsidiary heads over unremitted N663bn – Newstrends
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Reps summon NNPC GMD, 18 subsidiary heads over unremitted N663bn

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Group Managing Director of NNPC, Mele Kyari

The House of Representatives Committee on Public Accounts has summoned the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari, and accounting officers of 18 subsidiaries of the NNPC over allegations of non-rendition of audited accounts between 2014 and 2019.

The audit queries issued by the office of the Auditor General of the Federation, over N663.89 billion was not remitted by the NNPC into the Federation Account in 2019.

The report further showed that while NNPC Upstream arm of National Petroleum Investment Management Services (NAPIMS) claimed to transfer the sum of N1.27 trillion into the Federation Account, the audit report revealed that NNPC remitted the sum of N608.71 billion.

The OAuGF report observed that the sum of N519,922,433,918.46 was transferred to the Federation Account by the NNPC based on transfer mandates.

Consequently,  OAuGF requested the “reconciliation statement for the difference of N88,787,862,853.96 between AGF’s figure of N608,710,296,772.42 and NNPC’s figure per transfer mandate of N519,922,433,918.46.”

The audit report further observed that 107,239,436.00 barrels of crude oil were lifted as domestic crude, while the allocation of crude oil to refineries for a billing date of 9th January to 29th May 2019 was 2,764,267.00 bbls valued at N55,891,009,960.63.”

It stated: “Information on Sale of Un-utilized crude oil by Refineries for 2019 was not provided, and Information on crude oil allocations from 30th May to 31st December 2019 was not provided for scrutiny.”

While alleging possible diversion of domestic crude, diversion of sale of un-utilised crude as well as possible loss of Federation Account revenue, the report said the management of the NNPC failed to respond to the audit query.

Auditor General also alleged that NNPC spent US$6.410 million, (=N1.955 trillion at N305/US$1) to fund Joint Venture Cash Calls (JVCC) and other federally funded upstream projects such as Gas Infrastructure Development, Brass LNG, Crude Oil PreExport Inspection Agency Expenses, Frontier Exploration Services, EGTL Operating Expenses and NESS Fee and another N55.157 billion on Pipeline Security and Maintenance without first paying the money into the Federation Account.

The invitation to the NNPC Group Managing Director was signed by the Chairman, House Committee on Public Accounts, Hon. Oluwole Oke via a letter titled: ‘Re-Consideration of Auditor General of the Federation annual report for 2019 financial year,” with Reference No: HR/PAC/SCO5/9NASS/QUE.40/43 was dates 1st April, 2022.

“I refer to your appearance before this Committee on Tuesday, March 29, 2022, on the above subject matter and the Committee’s resolution to request that you come along to the next session with the Chief Accounting Officers of all NNPC Subsidiaries.

“A new date has been fixed for your appearance. You are to cause appearance before the Committee on Thursday 7th April, 2022 at 11:00am in Meeting Room 446, House of Representatives’ New Building.

“This is to inform you that the Committee does not allow representation, you are to appear in person to defend your accounts laid before the Parliament.

“You are to come along with Officers who are familiar with the issues at stake and may assist you to provide answers to any question that could arise during the Session,” the letter read in part.

Some of the NNPC subsidiaries are; Nigeria Petroleum Development Corporation Limited; Kaduna Refinery & Petrochemical Company; Pipeline & Products Marketing Company Limited; Duke Oil Company Inc.; West Africa Gas Limited; Nidas Marine Limited Nigeria Liquified Natural Gas (NLNG); Hayson (Nigeria) Limited and Nigeria Gas Company.

Others include: National Engineering & Technology Company; National Petroleum & Exchanges; NNPC Pensioner Limited; Warri Refinery PetroChemical Company; Port Harcourt Refinery Company; NNPC Retail Limited; Integrated Data Service Limited; National Petroleum Investment & Management Services (NAPIMS) and Petroleum Product Pricing Regulatory Agency (PPPRA) now NUPRC.

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Nigerian varsity VC suspended over alleged gross misconduct

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Suspended Vice-Chancellor Augustine Angba

Nigerian varsity VC suspended over alleged gross misconduct

In an unexpected turn of events, the Governing Council of the University of Cross River State (UNICROSS) has suspended Vice-Chancellor Augustine Angba on allegations of severe misconduct.

The decision was reached at a meeting of the Governing Council on Monday, May 6, 2024, where they resolved to release Angba of his duties with immediate effect.

The council has nominated Professor Stephen Oshang of the Faculty of Agriculture to serve as the interim Vice-Chancellor until further notice.

UNICROSS

The suspension comes on the heels of a vote-of-no-confidence passed by some staff members of the university on January 17, 2024.

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The staff, who were protesting the non-payment of five months’ salary arrears, had carried placards with slogans like “This Management and the VC must go” and “We don’t want them any longer.”

Angba had previously criticized the staff unions, claiming that four members had hijacked the union and incited others to protest on the streets.

However, the Governing Council’s decision suggests that they found merit in the allegations against the embattled Vice-Chancellor.

Despite several attempts, Vanguard efforts to reach the university’s spokesperson, Mr. Onen Onen, for comments on the matter were unsuccessful, as his phone line was not answered at the time of filing this report.

Similarly, Professor Angba’s phone line was busy when contacted.

Nigerian varsity VC suspended over alleged gross misconduct

(Vanguard)

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Lagos to experience morning, afternoon thunderstorms for 3 days

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Lagos to experience morning, afternoon thunderstorms for 3 days

NiMet’s weather outlook released on Sunday in Abuja forecasts sunny and hazy conditions on Monday over parts of Yobe, Jigawa, Kano and Katsina states throughout the forecast period with chances of morning thunderstorms over parts of Taraba state.

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Your position on state police unacceptable, Lagos Assembly tells IGP

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Inspector-General of Police (IGP), Olukayode Egbetokun

Your position on state police unacceptable, Lagos Assembly tells IGP

The Lagos State House of Assembly has kicked against the position of the Inspector-General of Police, IGP, Olukayode Egbetokun, that Nigeria is not ripe for the establishment of state police.

Speaker of the House, Mudashiru Obasa, directed the Clerk of the House, Olalekan Onafeko, to write the Inspector-General and the National Assembly stating that the state lawmakers reject Egbetokun’s position.

Recall that the IGP, represented at a recently held one-day dialogue on state policing, themed, ‘Pathways to Peace: Reimagining Policing in Nigeria,’ opposed the establishment of state police, arguing that it would increase ethnic tension and cause divided loyalty in states of the federation.

The IGP also suggested that the Federal Road Safety Corps and the Nigeria Security and Civil Defence Corps be merged with the police force.

However, speaking at plenary on Monday, Obasa, who noted that the FRSC and the NSCDC have not been able to solve the problems of accidents on roads and pipeline vandalism respectively, wondered how effective they would be if they are merged with the police force.

“In Lagos State, we have the Security Trust Fund through which successive administrations starting from that of Asiwaju Bola Ahmed Tinubu have provided enormous support to the police command in Lagos State. Yet, crime of different dimensions has continued.

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“This shows that no matter what Egbetokun has proffered as solution, such won’t solve our problem. The position of the IGP is unacceptable.

“We strongly believe that if we have state police, we would be able to solve the issues of crime in our nation or reduce it to the minimum.

“As we have seen in other climes, the United Kingdom has different levels of policing just like the United States of America. So why should ours be different?

“The lives of our people are very important and we must do everything possible to make sure we protect lives and property. We want to state categorically that we believe in state police and we want to urge the National Assembly to continue with its intendment to establish state police through the process of constitutional amendment,” Obasa said while praising President Tinubu for his resolve to end insecurity in the country.

Commending the Speaker for his stand on the issue of state police, the lawmaker representing Badagry Constituency 1, argued that with its current structure, it would be difficult for the Nigeria Police Force to effectively secure the country.

Also declaring his support for state police, another lawmaker, Hon. Sa’ad Olumoh (Ajeromi/Ifelodun 1), said each Nigerian state currently has a local security outfit in the semblance of state police.

“Today, which state does not have state police one way or the other? This is a cause that should be supported. For the IG to come out and say state police is not in the interest of Nigeria shows he is not considering the reality of insecurity on Nigerians,” he said.

Your position on state police unacceptable, Lagos Assembly tells IGP

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