News
Audit Query: Reps Reject Submission From Kyari …Threaten Warrant Arrest On NNPC Subsidiaries
The House of Representatives, yesterday, told the NNPC Limited in clear terms that it must produce before it, the leadership of its 17 subsidiaries indicted by a report of the Auditor-General for the Federation over financial infractions between 2014 and 2019.
Speaking at the resumed investigative hearing on the report of the Auditor General, Chairman of the House Committee on Public Account, Hon Oluwole Oke said the action of the NNPC in shielding its subsidiaries amounted to hiding something from Nigerians.
But the Group Managing Director of the NNPC, Mele Kyari told the committee that the company was not hiding anything from Nigerians, while also dismissing earlier media reports that about 107million barrels of crude oil could not be accounted for, in 2018.
Oke said the House was shying away from invoking the provisions of the constitution to issue a warrant of arrest on the leadership of the subsidiaries who have refused to appear before the parliament to answer questions arising from the AuGF report.
Reacting to the statement by the GMD that he would take responsibility for the actions of the subsidiaries, Oke said “With due respect, the parliament differs with you because we are guided by the Constitution of the Federal Republic of Nigeria, Legislative Houses Privileges Act and our rules.
“Yes, you have submitted a consolidated account. But the Auditor General, who submitted his report to us, conducted an audit pursuant to Section 85 of the Constitution and audited the account of these subsidiaries, published the report and submitted same to the parliament.
“The report specifically mentioned these subsidiaries and having done so, the parliament is duty-bound to take the queries and observations as contained in the report. Aside from this, parliament can also, pursuant to the provisions of the Constitution, invite anybody to give evidence before this parliament.
“If a particular agency under your leadership is mentioned, we cannot shave their head in their absence. They have to be here. Yes, you have rendered your account which is before us. But these subsidiaries must appear before this parliament to answer the queries raised by the Auditor-General for the Federation. They have to answer their father’s name.
“With due respect, the NNPC is not in a position to dictate to parliament how it conducts its business. We have to change the impression of Nigerians about NNPC. We have listened to the comments of some governors about NNPC and we must change the narration by telling Nigerians that NNPC operates transparently.
“Except and except you have something to hide, then you can continue to shield these subsidiaries. But they must appear before Nigerians and tell them about the funds in their kitty. They have to come here and answer the queries about the abnormalities the Auditor general observed in their operations. This is our position.
“We don’t want to go through the process of invoking the necessary laws by issuing a warrant of arrest. We believe that we can jaw jaw; that we can discuss because we are all serving Nigerians.
“These companies are your subsidiaries and if we are to go by your assertion that they are registered on their own under CAMA, then it further attests to the fact that they have to appear here by themselves. That is not even the issue, but the Auditor General for the Federation specifically listed the names of these companies. That is our position. So, take a date when you are bringing them.
“Your purpose of coming today is to produce these subsidiaries because you wrote that these agencies are under you. That was why we asked you to bring the leadership of these subsidiaries. That is what we expected today.
“If they are here, they should introduce themselves and the Auditor General will be invited to read out the queries for them to answer because the queries were hot directed to you in person. They were directed to these subsidiaries. We object to your position. They must appear here because this is their parliament. If they are not here, so be it. That is why we said you should give us a date to bring them”.
In his contribution, Hon Chinyere Igwe (PDP, Rivers) said by the admittance of the GMD, he cannot legally stand-in for the subsidiaries since he admitted that they were registered under the Companies and Allied Matters Act and operating as individual companies.
He said “by the clarification of the GMD’s statement that these companies are fully registered, it means that they are entities of their own by the provision of the CAC act. As a result of that, the GMD is not totally liable. I, therefore, ask that the GMD allow them to stand on their own because he cannot speak for them.
“Any society that does not have laws, there will be anarchy and lawlessness, with the big killing the small just like we have right Russia killing Ukraine. Based on that, the constitution is the ground norm on which all Nigerians are relating. That is what gave rise to NNPC, parliament, Auditor General.
“By implication, the parliament did not make the Auditor General’s report. But these companies owned by Nigerians have refused to do what they are supposed to do. We have not asked you to come and tell us how many barrels of crude was lifted or how many of that was stolen or who has stolen them.
“There are silent questions raised by the Auditor General which they must tell us. We are not doing anything out of the ordinary, but just being guided by the ground norms in line with the constitution.”
In his remarks, the Group Managing Director of NNPC Limited, Mele Kyari said, “First, let me clarify an issue. NNPC has nothing to hide. We have nothing to hide from Nigerians. In view of that, we have published the same audited account that you have for Nigerians to see, read and comment on.
“Those accounts are a complete reflection of all our transactions, including our subsidiary companies. So, we are hiding nothing from Nigerians.
“I agree with you that we can be more transparent. Can we do something different from this? Absolutely yes. Are we doing enough? Yes, we are doing more than enough. No national oil company in this world publishes its audited statement of account. There is no company that publishes its monthly report as we do.
“Therefore, I expect that you should congratulate us that we are doing more than expectations in terms of transparency and accountability. We owe this to Nigerians because it is their company and we sincerely believe that this companies art owned by the over 200million Nigerians, we are accountable to them and we must be transparent by every means possible.
“But as we do this, we must also recognise that we are running a business on their behalf of this business has rules and responsibilities and part of it is to have a report of this nature which the Auditor General endorses by law for them to deliver on”.
On the ruling of the committee, the GMD said, “It is still very fair because I know that this is a very fair parliament. You are representatives of the people and so, have a responsibility to protect the people. You also have a responsibility to allow us to speak”.
Reacting to the reported missing of 107million barrels of crude oil, Kyari said, “I believe that this parliament represents all Nigerians collectively. We can have individual differences, but we all represent the interest of Nigerians. The image of Nigeria is very important.
“Two weeks ago, it was in all the media that 107million barrels of crude were stolen or diverted. You will not appreciate the evil of the bad image this has created for our country.
“Our lending partners have called me that this is a wrong approach and that they will not lend to us without clarifying issues. Auditor General is here and we are in the same country. We are all serving this country. You can’t declare something like that without it having an effect and if we don’t respond to this, it will be obvious that it is what is happening in our country.
“Nobody has stolen 107million barrels of crude oil. If for any reason, it was not well captured by the Auditor General, it is a different issue. So, this company is hiding nothing from none and we will appear before you as directed next week. But have it at the back of your mind that we have nothing to hide.”
The Socio-Economic Rights and Accountability Project (SERAP) has sued the Federal Government at the ECOWAS Community Court of Justice over alleged diversion, irregular expenditure and failure to account for N78.8bn allocated to cash-transfer and social-protection programmes.
SERAP, in a statement released by its Deputy Director, Kolawole Oluwadare, yesterday, said the allegations involved the Ministry of Humanitarian Affairs and Poverty Reduction, the National Cash Transfer Office and the National Social Safety Nets Coordinating Office.
The allegations were documented in the Auditor-General of the Federation’s 2024 Annual Report, published on August 7, 2026.
According to the report, the findings covered various periods between January 2023 and December 31, 2024.
In the suit, marked ECW/CCJ/APP/42/26 and filed last week, SERAP is seeking a declaration that the government’s failure to account for the funds violates Nigeria’s international human rights obligations.
The organisation is also asking the court to order the government to provide a comprehensive account of the questioned funds, investigate the alleged irregularities, recover any money improperly spent or diverted where established, and strengthen financial oversight of social-protection programmes.
SERAP argued that the alleged financial irregularities could undermine the rights of vulnerable Nigerians to social security and an adequate standard of living, including access to food, clothing and housing.
The statement party read, “The funds were intended to benefit over 3.2 million households across 35 states, whose access to financial assistance has been affected by the allegations made by the Auditor-General.”
The suit, filed by SERAP’s lawyers, Kolawole Oluwadare and Kehinde Oyewumi, stated that the government’s failure to investigate the allegations and recover any improperly spent funds violated its obligations to protect vulnerable households.
“The failure to investigate the N78.8 billion cash-transfer scandal, account for the questioned funds and recover any unlawfully spent amounts violates Nigeria’s obligations to protect the human rights of vulnerable households,” the suit partly read.
The organisation said it instituted the case to protect affected households and ensure accountability for public funds allocated for their benefit.
“SERAP brings this public-interest case to protect the interests of affected households and ensure accountability for public funds allocated for their benefit,” it stated.
The organisation maintained that cash-transfer programmes could help address extreme poverty and enable vulnerable people to meet their basic needs, but argued that the government had a duty to ensure the funds were properly managed.
“The right to social security cannot be effectively realised merely by establishing a formal cash-transfer programme where the State fails to maintain reasonable systems for identifying beneficiaries, maintaining records, reconciling disbursements, monitoring expenditure, investigating irregularities and remedying losses,” the statement further stated.
According to SERAP, the Auditor-General questioned approximately N33.751bn reportedly transferred to more than 3.2 million households across 35 states in 2023, noting that adequate records to verify the payments and reconcile beneficiary records were not provided.
The report also identified N36.744bn in payments allegedly made without prepayment audits, N4.616bn in unsupported expenditures, N350.182m for enrolment, N89.511m for store purchases and N17.422m in diesel advances.
SERAP said the suit was brought under Article 9(4) of the ECOWAS Court Protocol to protect affected households and ensure accountability for public funds intended for social protection.
“The issue is whether the government has discharged its obligations under applicable human-rights treaties to safeguard resources allocated for social protection, investigate documented financial irregularities, provide effective remedies and ensure that those resources are applied for their intended purposes,” it stated.
The organisation also cited the constitutional responsibility of the Auditor-General to audit and report on the public accounts of the Federation and the offices and agencies of the Federal Government, describing the findings in the annual report as important official records of public expenditure.
It relied on Articles 1 and 2 of the African Charter on Human and Peoples’ Rights, arguing that the government had obligations to give effect to protected rights and ensure that failures in administering social-protection programmes did not result in discriminatory exclusion or unequal access to benefits.
“The Nigerian government has the obligation to take effective measures to prevent and address corruption and related misuse of public resources. The government has failed to take appropriate measures in response to the allegations made by the Auditor-General”, the statement added.
SERAP said it had previously urged President Bola Tinubu and relevant authorities to account for the questioned funds, publish audit records, investigate irregular expenditures, recover any funds unlawfully spent or diverted and take appropriate action against those responsible.
Following the publication of the Auditor-General’s report, the organisation issued a public statement and sent a letter dated September 5, 2026, requesting action on the findings. It also sought payment and beneficiary records, verification documents and an explanation for the missing REMITA records.
“The deadline given to the government to address the Auditor-General’s findings had elapsed without adequate action,” it stated.
The organisation further cited Articles 1 and 21 of the African Charter, alongside Article 9 of the United Nations Convention against Corruption, as requiring effective measures to protect rights and resources, promote transparent public financial management, investigate irregularities and recover public funds where losses or improper expenditure were established.
SERAP also relied on the works of legal scholar Kolawole Olaniyan, including Corruption and Human Rights Law in Africa, published by Hart Publishing in 2014, and Ownership of Proceeds of Corruption in International Law, published by Oxford University Press in 2023. It said the publications provided persuasive academic authority on corruption’s effects on human rights, public resources, accountability and international legal remedies.
“SERAP accordingly submits that the Auditor-General’s findings cannot be treated merely as administrative irregularities where public funds allocated for social protection may have been lost, improperly spent or left unaccounted for, and the government fails to take effective corrective action,” the statement added.
SERAP is asking the court to direct the government to conduct an independent, prompt and effective investigation into the identified irregularities, recover public funds improperly spent, diverted or lost where established, and take appropriate legal or administrative action against those found responsible, in accordance with due process.
It also wants the government to strengthen financial accountability, beneficiary verification, auditing, reconciliation and oversight mechanisms to prevent a recurrence of the alleged irregularities and ensure that eligible vulnerable households receive their intended benefits.
The organisation is further seeking an order restraining the government from administering or disbursing cash-transfer and social-protection funds without adequate accountability and oversight mechanisms, as well as appropriate remedies for any established adverse effects on beneficiaries’ protected rights.
No date has, however, been fixed for the hearing of the suit.
The Federal Government has released N38.93bn to 166 public tertiary institutions nationwide under the Needs Assessment Revitalisation Fund to address infrastructure deficits and improve teaching and learning facilities.
The intervention covers 79 universities, 46 polytechnics and 41 colleges of education, with universities receiving the largest share of the allocation.
The Federal Ministry of Finance disclosed this in a statement issued on Sunday by its Head of Media, Efe Ovuakporie, explaining that the funds would support approved projects in beneficiary institutions.
The statement read, “The Federal Government has disbursed N38.93bn to 166 public tertiary institutions nationwide under the Needs Assessment Revitalisation Fund.”
According to the ministry, the university component accounts for N28.5bn, while N5.8bn has been allocated to polytechnics and N4.7bn to colleges of education.
According to the ministry, the university component accounts for N28.5bn, while N5.8bn has been allocated to polytechnics and N4.7bn to colleges of education.
An analysis of the allocations by PUNCH Online showed that universities would receive approximately 73.2 per cent of the announced N38.93bn intervention, making them the largest beneficiaries.
Polytechnics would account for about 14.9 per cent, while colleges of education would receive approximately 12.1 per cent.
The ministry explained that the intervention was intended to address longstanding infrastructure challenges in public tertiary institutions and support the implementation of agreements reached between the Federal Government and the Academic Staff Union of Universities.
It stated, “The intervention forms part of the Federal Government’s efforts to address the needs of public universities and support the implementation of agreed measures under the Memorandum of Understanding between the Federal Government and the Academic Staff Union of Universities.”
The Needs Assessment Revitalisation Fund is designed to support improvements in institutional infrastructure and other identified needs, particularly in public universities, where inadequate facilities have remained a recurring concern in negotiations between the government and academic unions.
The ministry said the latest disbursement would enable beneficiary institutions to begin new projects or continue previously approved interventions aimed at improving their operational capacity.
“The funds are expected to enable beneficiary institutions to commence or advance approved projects addressing critical infrastructure and other identified institutional needs, with the overall objective of strengthening the quality of tertiary education in Nigeria,” it added.
The government also emphasised the need for coordination among the Federal Ministry of Finance, Federal Ministry of Education and beneficiary institutions to ensure that the released funds produced measurable improvements.
It noted that effective collaboration would be necessary to translate the financial intervention into improved infrastructure, institutional capacity and learning conditions.
The bill to approve the establishment of the Federal University of Agriculture, Emughan, Abua-Odual Local Government Area of Rivers State has passed third reading.
The Bill, titled “A Bill for an Act to Amend the Federal Universities of Agriculture Act, Cap. F22, Laws of the Federation of Nigeria, 2024” was sponsored by Senator Ipalibo Harry Banigo representing Rivers West Senatorial District.
The bill seeks to amend the existing Federal Universities of Agriculture Act to provide for the establishment of the proposed institution in Emughan community in Rivers State.
The passage of the bill by the Senate marks a significant legislative milestone towards the establishment of the proposed university.
When established, the institution is expected to expand access to higher education, promote agricultural research and innovation, develop skilled manpower, and contribute to the economic growth of Rivers State and Nigeria at large.
According to a statement made available to The Tide, the bill, having passed the Third Reading in the Senate, will now proceed to the House of Representatives for concurrence as part of the legislative process towards its enactment into law.
The bill underscores Senator Banigo’s commitment to advancing educational opportunities and strengthening agricultural development in Rivers State.
By: Kevin Nengia
-
News43 minutes agoNDLEA Recovers Tons Of Illicit Drug Consignments In Nine States
-
News44 minutes agoRivers Community Raises Alarm Over Alleged Security Invasion
-
News41 minutes agoIGP Proposes 200% Gratuity, Pension For Retired Officers
-
News43 minutes agoEbola: NCDC Approves N100,000 Weekly Payment For Contacts
-
News43 minutes ago2027 Elections: Police Begin Training Of 10,000 Officers
-
News44 minutes agoCreek Road Market ‘ll Be Completed By Jan 2027 -Fubara
-
News38 minutes agoRivers CJ Declines NBA’s Request For Court-Free Days For Law Week Celebration
-
News38 minutes agoBayelsa debunks Nembe-Brass bridge collapse rumour