Close Menu
National Update
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    National UpdateNational Update
    • News
    • Politics
    • Opinion
    • Economy
    • Entertainment
    • Health
    • Security
    National Update
    Home»Senate

    Senate Escalates N210tr NNPCL Audit Probe, Orders Arrest of Ex-GCEO Kyari

    National UpdateBy National UpdateJune 10, 2026 Senate No Comments4 Mins Read
    Senator Ibrahim Hassan Dankwabo
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Senate on Tuesday took a more forceful step in its ongoing investigation into the financial operations of the Nigerian National Petroleum Company Limited (NNPCL), ordering the issuance of a warrant of arrest against former Group Chief Executive Officer, Mele Kyari, over his repeated failure to appear before its Public Accounts Committee.
    The resolution came as lawmakers intensified scrutiny of audit reports covering 2017 to 2023, which contain disputed entries and unexplained figures running into over N210 trillion, according to documents submitted by the Office of the Auditor-General for the Federation.
    The committee, chaired by Senator Ibrahim Hassan Dankwambo, said the decision became necessary after several invitations extended to Kyari were allegedly ignored without formal explanation.
    A motion to compel his appearance was moved by Senator Victor Umeh, who warned that the committee risked undermining its constitutional mandate if it failed to enforce compliance in a matter involving such vast financial implications.
    Lawmakers supporting the motion argued that the scale of the audit queries required full accountability from all former and serving officials of the national oil company.
    Senator Adams Oshiomhole, backing the move, insisted that parliamentary oversight must not be weakened by non-compliance from invited officials, stressing that the Senate must demonstrate its authority in public interest matters.
    He urged the committee to act decisively, arguing that repeated absence from hearings was slowing down an investigation of national importance.
    The committee also heard that Kyari was reportedly abroad for medical treatment, a claim presented by Senator Tony Nwoye during deliberations. However, other members questioned the timing and adequacy of such communication in light of prior invitations.
    The disagreement briefly disrupted proceedings as senators debated whether the explanation was sufficient to halt enforcement action.
    Ultimately, the committee voted to issue a warrant of arrest to compel Kyari’s appearance before the panel.
    In a separate session, former NNPCL Chief Finance Officer, Bala Ajiya, appeared before the committee to respond to audit queries and defended the integrity of the company’s financial statements.
    Ajiya dismissed allegations of missing funds, arguing that the widely cited N210 trillion figure arose from accounting classifications and internal reconciliations that had been misunderstood as financial losses.
    “There is no missing money in NNPCL,” he told the committee, insisting that all transactions were properly recorded and supported by documentation.
    He also addressed concerns surrounding incorporation-related expenditures, explaining that payments attributed to the process were made to regulatory agencies and not diverted as alleged.
    However, his submissions were met with skepticism from some lawmakers, who insisted that the explanations provided did not fully resolve the audit observations before them.
    Tensions rose further when Ajiya suggested that public criticism of NNPCL was often influenced by perceptions about access to employment opportunities within the organisation. Lawmakers immediately challenged the remark, insisting the hearing was focused strictly on audit findings.
    The atmosphere became more charged as senators demanded clearer answers, prompting the committee chairman to intervene repeatedly to restore order.
    Senator Dankwambo clarified that the committee had not concluded that funds were missing, but was examining “unresolved audit entries” requiring detailed explanation from responsible officials.
    He stressed that the Senate’s work was based solely on the Auditor-General’s reports and not political interpretation or speculation.
    Senator Abdul Ningi also cautioned against inflammatory exchanges, urging both lawmakers and witnesses to maintain focus on accountability and evidence-based responses.
    Following sustained questioning, Ajiya apologised for remarks that triggered objections but maintained that no funds were unaccounted for in the corporation’s records.
    The committee also received testimony from senior upstream official Bala Wunti, who told lawmakers he was not formally invited but attended after being notified of the hearing.
    He requested additional time to review the audit documents in detail, a request the committee granted, giving him two weeks to respond comprehensively.
    The panel further resolved to investigate why the invitation was not properly extended to him, describing the lapse as procedural and requiring clarification.
    The hearing was adjourned as lawmakers indicated that further appearances from key former and current officials would be required as the probe continues.
    With an arrest warrant now issued against Kyari and additional testimonies expected, the Senate inquiry is set to enter a more stringent phase, as lawmakers attempt to reconcile disputed figures in one of the most complex audits ever considered by the National Assembly. :::

    National Update

    Keep Reading

    NAF Crash Forces Senate to Suspend National Security Summit

    Senate gives FG three months window to save 2025 projects from abandonment

    2027: No Victory Worth Nigerian Life, Akpabio Warns Politicians

    Senate resumes, takes NDDC budget, adjourns again till October 13

    Senate mourns ex-Kogi governor Ibrahim Idris, recalls business legacy, humility

    CISLAC Uncovers N434.5bn Budget Red Flags, Demands Full Audit Trail

    Add A Comment

    Comments are closed.

    VGC Advert
    Most Viewed Posts
    • Breaking: Intrigues, as ADC suspends its presidential candidate, Kachikwu, accuses him of blackmail (1,718)
      The African Democratic Congress (ADC) has suspended its presidential candidate Dumebi Kachikwu, from the party, accusing him of false, misguided and defamatory video he made and circulated, among other infractions. The party also considered Kachikwu's action as "smacks of crass irresponsibility, gross indiscipline, disingenuous scandalization and blackmail, and completely unfit of someone who wants to
    • Concerned Religious Prayer Forum Responds to Criticism of National Prayer Initiative (1,073)
      The Concerned Religious Prayer Forum has issued a statement clarifying its mission and responding to recent criticisms surrounding its seven-day national prayer initiative. Established as a non-governmental organization on January 9, 2024, the Forum emphasizes that it is an independent group composed of citizens motivated by a shared desire to promote peace, unity, and prosperity
    • Qatar Charity Empowers 60 Jigawa Widows, Vulnerable Persons with ₦300m (772)
      By Ahmed Rufa’i, Dutse The Qatar Charity Organization has donated economic empowerment equipment valued at over ₦300 million to 60 widows and vulnerable persons across the 27 local government areas of Jigawa State. The items were distributed during a ceremony held at the Banquet Hall of the Government House, Dutse, and presided over by the
    • North Central Serving Governor withdrew N60 billion cash in six years ― EFCC (742)
      A serving Nigerian governor has allegedly withdrawn N60billion from his state’s purse. The Economic and Financial Crimes Commission (EFCC) said that he has lifted about N60 billion cash from state coffers in about his six years in office. The governor remains unnamed and his state, partially identified as domiciling in the North Central of the
    • Ex-Kogi Gov’s Arraignment Stalled at the instance of EFCC Counsels (726)
      The arraignment of the former Governor of Kogi State, Yahaya Bello, on an alleged money laundering case instituted against him by the Economic and Financial Crimes Commission (EFCC), has been adjurned to June 27, by the Federal High Court, in Abuja, based on an agreement by the counsels to the two parties. A new date,

    Latest News

    20 Corps Members Freed: HURIWA Asks, Where Are Their Kidnappers?

    October 8, 2026

    HURIWA Demands Release of Nasarawa Activist, Warns Against ‘Weaponising’ Criminal Justice

    October 8, 2026

    Tinubu’s Road Approval: HURIWA Demands Action as South-East Communities Wait

    October 7, 2026

    2027: Obi Says Buhari Wasn’t in Charge, Promises Firm Leadership

    October 7, 2026

    20 Years After Father’s Military Crash Death, Newlywed Loses Husband in Another

    October 7, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    National Update
    Facebook X (Twitter) Instagram
    © 2026 National Update. Designed by Lamark Cre8ives.

    Type above and press Enter to search. Press Esc to cancel.