₦200tn Probe: NNPCL GCEO Again Fails to Appear Before Senate Committee

Nzubechukwu Eze
Nzubechukwu Eze

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has once again failed to appear before the Senate Committee on Public Accounts, despite being given a 10-day ultimatum to respond to financial queries involving ₦200 trillion.

At Thursday’s hearing, Ojulari sent representatives in his place, but the committee refused to engage them, insisting that only the GCEO could address the 11 critical financial issues raised in NNPCL’s audited accounts.

Chairman of the committee, Senator Aliyu Wadada, described Ojulari’s repeated absence as a direct affront to the authority of the National Assembly and a violation of its constitutional oversight duties.

Wadada warned that the Senate would not tolerate further disregard for its summons and said a new date would be issued for Ojulari to appear in person.

The committee is currently investigating major discrepancies in NNPCL’s financial statements, which lawmakers say raise serious concerns over accountability and transparency.

Leave your vote

20 Points
Upvote Downvote
Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.