NNPC Crude Oil Sales Of N102 Billion Not Recorded- Sanate Queries

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 Nigerian  National Petroleum Company Limited (NNPCL) was quarried by the Nigerian Senate over its failure to account for N102.6 billion worth of crude oil delivered to Warri and Kaduna Refineries.

On Wednesday during the plenary Sanate queried NNPCL following a 2016 Auditor General Report submitted and presented by the Senate Committee on Public Accounts.

The Sanates accused the Nigerian National Petroleum Limited of lifting crude oil and petrochemical company worth N102.6 billion to warri and Madonna refineries without having and keeping a record of the deliveries.

Mele Kyari, the Managing Director of NNPC was directed by the upper chamber to provide detail of the crude oil delivered to warri Refinery and Petrochemical Company (WRPC) and Kaduna Refinery and petrochemical company for audit.

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) without necessary detail 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 value of $376.6billion ($102.6billion) was stated to have been lifted jointly by these two companies.

"The failure to properly separate these deliveries and charge Ft directly to each company makes it difficult to reconcile and account for each lifting".

The Nigerian Senate also queries 37 other ministries, departments, and Agencies(MDAs) and vacated queries raised against 43 others in the Audit of General report.

The Agencies quarried include The Ministry of Justice, the Office of the Accountant General of the federation, and other.

Senate came up with a resolution of coming up with a bill that will aid the enforcement of the implementation of the outcome of the Audit General report submitted to the National Assembly for consideration.NNPC Crude Oil Sales Of N102 Billion Sanate Queries.

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