Senate Demands Detailed Report On Alleged N4trn Unremitted Funds     Members of the Senate Public Account Committee and the officials of the office of the Auditor-General for the Federation engaged in a heated debate on Tuesday with officials of the Nigerian National Petroleum Corporation over the...

Emefiele Meets Senate Today On Alleged Missing $9.5m PPT Fund       The Governor of Central Bank of Nigeria, Godwin Emefiele, is expected to lead top management staff of the Central Bank of Nigeria to the Senate today (Tuesday). They are expected to explain details of the alleged...

Senate Tackles NNPC Over N443bn Payment Without Approval       Senate Public Accounts Committee on Wednesday berated the Nigerian National Petroleum Corporation for paying N443bn without the National Assembly’s appropriation. The chairman of the committee, Senator Mathew Urhoghide, has summoned the management of the NNPC to explain the...

Senate Gives Accountant-General 24 Hours To Clarify N528bn In NNPC Financials       The Senate on Tuesday gave the Office of the Accountant General of the Federation 24 hours to provide information on N528bn not captured in the Nigerian National Petroleum Corporation financial statement. The Senate Public Account...

Senate Begins Probe Of Missing PHCN N27bn Pension Funds     The Senate on Monday opened investigation into the alleged ‘missing’ N27bn meant for the payment of the pension of former staff of the defunct Power Holding Company of Nigeria. The probe by the Senate followed a petition...

Senate Faults DPR For Spending N1.8bn On Uncompleted Projects       The Senate Committee on Ethics, Privileges and Public Petitions has faulted the alleged payment of N1.8bn by the Department of Petroleum Resources, to a private firm, Riverman Technologies Limited, for jobs not satisfactory executed. The private firm...