Reps Probe NNPC, CBN, FIRS, 259 Others Over Breach Of Financial Rules

The House of Representatives is to commence a full investigation into the activities of all government-owned agencies including Nigerian National Petroleum Corporation (NNPC), Central Bank of Nigeria (CBN), Federal Inland Revenue Service (FIRS), Nigerian Export-Import Bank (NEXIM) and 258 others.

The investigative hearing was initiated by the House Committee on Public Accounts chaired by Hon Wole Oke over allegations bothering on ‘deliberate and reckless refusal by non-treasury funded ministries, departments and agencies (MDAs) to render accounts between 2014 to 2018 to the Auditor General for the Federation’.

In his response to the inquiry from the Committee’s letter with Ref. No: HR/PAC/SC05/9NASS/ACCT.G.1/011 dated 23rd December 2019, the Auditor General of the Federation, Anthony Atine, via a letter dated 20th January 2020, transmitted the list of 67 non-funded and partly funded agencies as detailed in the updated Schedule 21 of the Fiscal Responsibility Act, 2007, for legislative scrutiny.

The Accountant of the Federation, however, promised to provide additional list of affected Departments and Agencies of the government as the investigation continues .