Mele Kyari, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has been summoned by the House of Representatives Committee on Public Accounts to respond to an audit request by the Office of the Auditor-General of the Federation (oAuGF) concerning N3.878 trillion remittance revenues from domestic sales of crude oil.
Kyari is also expected to respond to queries on the non-collection of miscellaneous gas receipt for some months in the 2015 financial year, as well as the refund of N450 billion by NNPC to the Federation Account; refund of N1.8 trillion unpaid gas revenue without details.
In addition, he is also expected to provide answers to the lawmakers on “payment through Nigeria Gas Limited Funding Account of $30,963,894.01 (N16,099,887,119.77) as well as misapplication of Joint Venture Cash Calls (JVCC s) for other purpose valued at $292,094,405.82 and N2,474,295,000.
The House Committee, therefore, requested for “full brief on the account and utilisation of fund with retirement details, cash books, mandates with bank statement and payment vouchers for operation on the NGL funding account”.
The NNPC Group Managing Director, who is being expected by the lawmakers on February 11, 2021, is expected to appear alongside those who benefited from the Nigeria Gas Limited Funding Account.