Senate indicts NNPC over N102bn crude oil deliveries
Nigeria National Petroleum Company Limited was indicted by the Senate on Wednesday for poor record-keeping for crude oil deliveries to Warri Refinery and Petrochemical Company and Kaduna Refinery and Petrochemical Company totaling $376, 655,589 (N102.6bn).
The indictment stemmed from Senator Mathew Uhroghide's 2016 Auditor General report, which was upheld by the Senate Chamber during the plenary session.
The Office of the Accountant General of the Federation, the National Population Commission, the National Agency for the Control of Aids, the FCT Area Council Service Commission, the Ministry of Defence, the Ministry of Justice, the National Drug Law Enforcement Agency, and others are among the 35 other agencies indicted.
"From the review and examination of domestic crude oil lifting sales profile presented for audit verification, it was noted that several deliveries were stated to be jointly lifted by or delivered to Warri Refinery and Petrochemical Company and Kaduna Refinery and Petrochemical Company without the necessary details or breakdown of what was delivered to respective companies," according to the query.
"According to the findings of the investigation, these two companies jointly lifted a total of 8,399,017bbls with a total sales value of $376,655,589 (N102.6 billion)."
The failure to properly separate the deliveries and charge directly to each company, according to the Senate, makes it difficult to reconcile and account for each lifting.
As a result, the Senate upheld its committee's recommendation, asking NNPC Group Managing Director Mele Kyari to ensure specific details of crude delivered to the two refineries for audit.
Furthermore, the Senate upheld the indictment of 37 MDAs for financial irregularities in the country.
The upper chamber also agreed to forward the indictment report to the Office of the Secretary to the Government of the Federation for further action.
The lawmakers also debated a bill to compel the implementation of the findings of the auditor general's report, which was submitted to the National Assembly for consideration.
Crude oil deliveries from Escravos Terminal for Warri Refinery and Petrochemical Company and Kaduna Refinery and Petrochemical Company are routed directly into the WRPC facility.
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