NEWS: NNPC in Financial Mess as Auditor-general Uncovers N514bn Unaccounted Funds

NNPC in Financial Mess as Auditor-general Uncovers N514bn Unaccounted Funds

An audit report has shown that NNPC Limited had unauthorised spending amounting to N514 billion in the 2021 financial yearThese unauthorised spendings include a massive deduction of over N83 billion from monies remitted to the federation’s accountThe report, however, recommends that GCEO Mele Kyari be summoned to explain the spending and face sanctions

Henzodaily.ng journalist Ruth Okwumbu-Imafidon has over a decade of experience and a deep understanding of Nigeria’s business and…

>

Leave a Reply

Your email address will not be published. Required fields are marked *