By Samson Atekojo Usman The 2016 audit report of the Public Accounts Committee of the Senate was on Wednesday adopted during the ple...
By Samson Atekojo
Usman
The 2016 audit report of the Public Accounts Committee of
the Senate was on Wednesday adopted during the plenary.
The committee chaired by Senator Mathew Uroghide, focused on
the 2016 Auditor-General’s reports, in which a number of government ministries,
departments and parastatals were indicted.
In the report sighted by DAILY POST on Wednesday, 37 MDAs
were issued queries by the Office of the Auditor-General of the federation.
Also 47 others which were earlier queried have their queries
vacated by the panel after they have satisfactorily explained.
MDAs indicted are the Nigerian National Petroleum Company
Limited (NNPCL), over alleged failure to provide details of crude Oil delivered
to Warri, Kaduna Refineries worth about $376,655,589 (N102.6 billion) in the
audited year .
The query reads: “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 (WRPC) and Kaduna
refinery and Petrochemical Company without necessary details or breakdown of
what was delivered to respective companies.
“From the examination carried out a total oil lifting of
8,399,017; with a total sales values of $376, 655,589 (N102.6 billion) was
stated to have been lifted jointly by these two companies.
The report pointed out that NNPL failed to meet the global
standard in the management accounting of the multi-million dollar revenue which
it said was deliberate to make it difficult to reconcile and account for each
lifting.
Having upheld the recommendation, the Senate on Tuesday
asked the Group Managing Director of NNPC, Mele Kyari to ensure specific
details of crude delivered to the two refineries for audit.
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