Senate Probes Agency Over Sale Of N31m Jeeps For N1.5m       The Senate Public Accounts Committee has commenced investigation into the alleged sale of two Prado Jeeps worth N31 million at N1.5 million by officials of the Lake Chad Research Institute, Maiduguri, Borno State capital. The committee...

Senate Queries Financial Council Over N258m Extra-budgetary Expenditure       The Senate has commenced a probe into an alleged spending of N258m by the Financial Reporting Council on Nigeria as personnel cost in its 2017 budget without the approval of the National Assembly. The Senate Public Accounts Committee...

Senate Summons NNPC Again, Cites Non-remittance Of N4.07trn       The Senate Public Accounts Committee has again summoned the management of the Nigerian National Petroleum Corporation over alleged non-remittance of N4.07tn to the Federation Account between 2010 and 2016. The management of the NNPC had appeared before 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...

NNPC To AuGF: We Spent N966bn On Pipeline Repairs       The Nigerian National Petroleum Corporation has explained that it spent N966bn to repair pipelines between 2010 and 2015. NNPC stated this in response to the query raised in the 2016 report of the Auditor General for the...

Senate To Auditor-general: Stop Shielding NNPC, NPA, Others       The Senate has challenged the acting Auditor-General of the Federation, Mr Adolphus Aghughu, to focus more on the financial transactions of big revenue generation agencies instead of beaming searchlight only on smaller agencies. The Chairman, Senate Public Affairs...