N802bn audit breaches: Reps probe NNPC, INEC

The Public Accounts Committee of the House of Representatives will question officials from the Nigerian National Petroleum Company Limited (NNPCL) and the Independent National Electoral Commission (INEC) over alleged financial breaches totaling over N802.19bn. The allegations are based on reports from the Auditor-General for the Federation covering the 2021, 2022, and 2023 financial years, which raised concerns over procurement procedures, revenue management, payments, and compliance with financial regulations.

The committee, chaired by Bamidele Salam, is authorized to examine public accounts and investigate issues related to revenue losses and breaches of financial regulations.

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