Auditor’s report indicts NNPC, DPR, PPPRA

The House of Representatives Committee on Public Account (PAC) is shocked at the level of manipulation Nigeria’s finances are being subjected to by those in authority.

Subsequently, the Committee has asked the Inspector General of Police (IGP), Alhaji Mohammed Abubakar, to present the chief executives of the Nigerian National Petroleum Corporation (NNPC), Petroleum Products Price regulatory Agency (PPPRA) and the Director, Department of Petroleum Resources (DPR) before it answer the queries raised by the Office of the Auditor General of the Federation on the financial records.

The 2007 Auditor General’s report revealed how money was being moved without authorisation and in flagrant disregard of the Constitution. Read more