The allegations are contained in reports of the Auditor-General for the Federation covering the 2021, 2022 and 2023 financial years, which raised queries over procurement procedures, revenue management, payments and compliance with financial regulations by government agencies.
The committee under the chairmanship of Hon Bamidele Salam representing Ede North/Ede South/Ejigbo/Egbedore Federal Constituency of Osun State, is empowered under Sections 85, 88 and 89 of the 1999 Constitution, as amended, as well as Order 20, Rule 6 of the House Rules, to examine public accounts and investigate issues relating to revenue losses, non-remittance of statutory funds and breaches of financial regulations.
According to a member of the committee, who pleaded anonymity in an interview with The Punch, the Auditor-General’s reports raised questions against the NNPCL in its 2021, 2022 and 2023 audits.
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