The Nigerian National Petroleum Company Limited (NNPCL) has submitted its official responses to the Senate Committee on Public Accounts regarding 19 audit queries linked to discrepancies totaling N210 trillion in its financial records between 2017 and 2023.
Committee Chairman, Senator Aliyu Wadada, confirmed that while the committee has received the documents, a detailed review has not yet been conducted.
According to Wadada, the NNPCL requested additional time to provide comprehensive responses—a request that was granted. “They have since responded, and we now have answers to all 19 questions,” he said, adding that the committee will ensure due process in examining the documents.
He also hinted that emerging issues, including production sharing contracts and NNPCL Retail’s reported losses, would be addressed in subsequent sessions.
Back in July 2025, the Senate gave NNPCL a 21-day deadline to account for the unverified sum flagged in the Auditor-General’s reports. The committee had also warned that failure to appear could result in an arrest warrant for NNPCL’s management.
A full report on the Senate’s findings is expected to be made public after the committee’s review.
