Energy

Reps probe N20bn theft by NNPCL officials

The House of Representatives has set up an ad-hoc committee to investigate the alleged theft of about N20 billion by the officials of the Nigerian National Petroleum Company Limited (NNPCL).

This followed the adoption of a motion of urgent national importance by the lawmaker representing Tarauni Federal constituency of Kano State, Hafiz Kawu, at the plenary in Abuja on Thursday, April 6.

The committee headed by Hon. Kingsley Chinda was ordered to complete its work within three weeks and report back to the House.

READ ALSO: NNPCL: Nigeria now pays over N400bn monthly as fuel subsidy

Moving the motion, Kawu said the NNPCL officials allegedly diverted about N20 billion under the guise of consultancy fees paid to Messrs Sapphire.

The lawmaker stated that the diverted funds were part of the money meant for the payment of taxes to state governments by the corporation.

“At a time when the Federal Government is doing its best to fight corruption and harnesses resources for the development of infrastructure, staff of an agency of government ought to be prudent in the utilisation of state resources not to corruptly divert same,” he added.

Kawu stressed that the “unethical and unwholesome” practice would negatively affect Nigeria’s fortunes and deprive other state governments of their revenue if no action is taken urgently by the House to eradicate it.

The Star

Segun Ojo

Recent Posts

What CBN’s interest rate cut means for your money

Lukman Abdulmalik The Central Bank of Nigeria has made one of its biggest interest-rate moves…

11 minutes ago

World Cup fame steals my peace — Cape Verde goalkeeper

Cape Verde goalkeeper Vozinha has revealed that the fame he gained from the 2026 World…

24 minutes ago

I was misled about Obi’s debts — Okonkwo

Kenneth Okonkwo, a chieftain of the African Democratic Congress, ADC, has said he was misled…

34 minutes ago

Bauchi woman kills co-wife with pestle

A 43-year-old woman, Jamila Adamu, has died after her 33-year-old co-wife, Hauwa'u Haruna, allegedly struck…

1 hour ago

Properties destroyed as fire guts Customs office in Lagos

Fire gutted the Nigeria Customs Service (NCS) Western Marine Command office in the Apapa area…

1 hour ago

2027: Court hears Atiku’s motion to amend suit against Tinubu, APC

The Federal High Court sitting in Abuja has fixed October 13, 2026, to hear an…

2 hours ago

This website uses cookies.