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Senate rejects NNPCL’s Explanations on unaccounted N210trillion
…threatens to subpoena former GMDs
From Hassan Taiye
The Senate Tuesday through its committee on Public Accounts , rejected written explanations forwarded to it by management of the Nigerian National Petroleum Company Limited ( NNPCL) on unaccounted N210trillion from 2017 to 2023.
The Committee headed by Senator Aliyu Wadada Ahmed ( Nasarawa West) had on the strength of 19 different queries raised against NNPCL by Office of the Auditor – General of the Federation in the financial reports of 2017 to 2023 , directed NNPCL to account for N210trillion financial infraction as contained in the reports .
Though the management of NNPCL in line with the directive, responded to the 19 queries through written explanations but failed to physically appear before the Committee on Tuesday ( November 11, 2025) as earlier suggested and agreed .
Irked by the development , the committee through its Chairman at the session , slammed the Group Chief Executive Officer ( GCEO) of NNPCL, Engineer Bayo Ojulari for offensive evasiveness which according to him, will not make the committed recognise any representation from NNPCL again ,
He said : ” Today, November 11, 2025, was a date chosen by NNPC. it is rather unfortunate that none of the officials of NNPC is here on a date they themselves chose.”
“The public has been waiting for this. It is important that we keep Nigerians informed. Even though we cannot conclude today in the absence of NNPC officials, the committee must share our findings based on the responses already submitted by NNPC.”
He revealed that NNPC’s financial submissions raised serious red flags — particularly claims of ₦103 trillion in accrued expenses and ₦107 trillion in receivables, totaling ₦210 trillion between 2017 and 2023.
“NNPC claimed ₦103 trillion as accrued expenses and ₦107 trillion as receivables — amounting to ₦210 trillion. On question eight, NNPC’s explanation on the ₦107 trillion receivables — equivalent to about $117 billion — contradicts available facts and evidence provided by NNPC itself. The committee is duty-bound to reject this”, he said
He further questioned how NNPC could pay ₦103 trillion in cash calls to joint venture partners in 2023 alone, despite generating only ₦24 trillion in crude revenue between 2017 and 2022.
“Cash call arrangements were abolished in 2016 under the Buhari administration. How can NNPC claim to have paid ₦103 trillion in one year, when it only generated ₦24 trillion in revenue over five years? Where did NNPC get that money?
“As far as this committee is concerned, that figure is unjustifiable and unacceptable. The ₦103 trillion must be returned to the Treasury. This will be concluded when NNPC appears before us.”
He added that the committee also outrightly rejected the ₦107 Trillion receivables which stand for assets in accounting.
“NNPC claimed of ₦107 trillion as receivables — part of which they said was held in defunct banks. However, no bank or amount was named.
“This lack of transparency is unacceptable. By the time you combine both figures — ₦103 trillion and ₦107 trillion — NNPC must account for ₦210 trillion.
“If the present management of NNPC is finding it difficult to provide acceptable answers, it is better they say so. The committee will not hesitate to subpoena former officials of NNPC and NAPIMS.
“NAPIMS, by law, is a department under NNPCL and cannot maintain an independent account. Yet, NAPIMS has been operating as if it were a separate entity”, he stressed .
He warned that any future absence of NNPC’s Group Chief Executive Officer (GCEO) before the committee would no longer be tolerated.
“At any point this committee invites NNPC, the Chief Executive must appear in person. Being out of the country will no longer be accepted as an excuse. The next invitation will require the GCEO’s physical presence.”
In their separate remarks , all members of the committee present at the session , supported the decisions announced by the Chairman .
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Oke-Ode Community Lauds Kwara Gov On Elesa’s Elevation To First Class Status
Stephen Olufemi Oni, Ilorin
The people of Oke-Ode Community in the Ifelodun Local Government area have commended the Kwara State Governor, Mallam AbdulRahman AbdulRazaq for upgrading the Elesa of Oke-Ode Land, HRH Oba Mufutau Ibrahim Akanbi Adebayo, Ilufemiloye I, to the First Class traditional ruler status.
The National President of the Oke-Ode Community Development Association (OCDA), Alhaji AbdulGaniyu Ajala-Bello, gave the commendation shortly after the presentation of the certificate of upgrading to the royal father.
In a statement made available to newsmen by the National Public Relations Officer of the Community Association, Chief Ganiyu Kunle Akogun, the Community said the upgrading, coming less than a year after the appointment of the Elesa, shows the Governor as a man of his words, having made a firm promise to that effect in October last year during his condolence visit to the town over the bandits attack of September 28, 2025.
The Governor had pledged on that occasion that once the then chieftaincy dispute in the town was settled and a new king appointed, he would upgrade the Elesa stool.
The Community leader expressed gratitude to the Governor for this promise kept and pledged the continuous support of the people of Oke-Ode Land for the Governor.
While wishing Governor AbdulRazaq a successful completion of his tenure and Allah’s assistance for him in his senatorial ambition in 2027, Alhaji Ajala-Bello urged the Sardauna of Ilorin Emirate to return the College of Nursing, Oke-Ode to its Oke-Ode permanent site, noting that the condition that warranted its temporary relocation to Ilorin last year has since normalised, as peace and adequate security have since returned to the community.
The Community leader also appealed to the Governor to look into the need for adequate staffing of the Oke-Ode Specialist Hospital, which has remained grossly understaffed for sometime now.
Alhaji Ajala-Bello also thanked the state Deputy Governor, Elder Kayode Alabi, the Commissioner for Local Government and Chieftaincy Affairs, Alhaji Abdullahi Abubakar Bata, and the Chairman of Ifelodun Local Government Council, Mallam AbdulRasheed Femi Yusuf, for their respective roles in ensuring the elevation of the Elesa to the First Class status.
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2026 KWIRS Tax Quiz Competition: Six Schools Emerge As Finalists
Stephen Olufemi Oni, Ilorin
In furtherance of its vision to raise tax-compliant citizens and promote tax education among the younger generation, the Kwara State Internal Revenue Service (KWIRS), in collaboration with the State Ministry of Education and Human Capital Development, has concluded the semi-final stage of the 2026 Tax Club Quiz Competition, with six schools emerging as finalists.
The semi-final stage of the competition, according to the Head, Corporate Affairs of the KWIRS, Funmilola Oguntunbi, was conducted via an online Computer Based Test (CBT), involving 12 schools that participated from the comfort of their respective schools, adding that the exercise was conducted with appropriate back-end monitoring by members of the KWIRS Tax Club Advocacy Committee, alongside the representative of the Commissioner, Ministry of Education and Human Capital Development, Mrs Aina Bose Eunice.
At the end of the semi-final exercise, the following six schools emerged as finalists: Oro Grammar School, Oro and Ansar-u-deen College, Offa (Kwara South); Government Secondary School, Lafiagi and Government Secondary School, Ilesha Baruba (Kwara North); and St. Anthony’s Secondary School, Ilorin, and Ebenezer High School, Ilorin (Kwara Central).
The six finalists, the agency’s spokesperson added, would compete for the grand prize of N2.5 million at the grand finale of the competition, scheduled to hold in Ilorin on Wednesday, 4th November, 2026.
The Tax Club Quiz Competition is an annual initiative of the KWIRS, organised in collaboration with the Kwara State Ministry of Education and Human Capital Development, to deepen tax awareness among secondary school students and foster a culture of voluntary tax compliance among the younger generation.
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Alao-Akala’s Widow Urges Full Implementation Of LG Autonomy
- Drums support for Tinubu, APC candidates
Stephen Olufemi Oni, Ilorin
The Chairperson of the Akala Transformation Movement (ATM) and former First Lady of Oyo State, Chief (Mrs) Oluwakemi Alao-Akala, has called for the full implementation of local government autonomy, saying it will bring governance closer to Nigerians and accelerate development at the grassroots.
Alao-Akala made the call during an ATM outreach held at Equilibrium Resorts, Ojongbodu, Oyo West Local Government Area of Oyo State, where she also urged Nigerians, particularly women, to support the administration of President Bola Tinubu and participate actively in the democratic process.
She said the effective functioning of local governments was crucial because they remained the closest tier of government to the people.
“One important thing I am preaching now is local government autonomy. Obviously, we are going to have our local governments properly elected. They are going to be funded, and they are the closest to the people,” she said.
The former First Lady urged Nigerians to understand and assess the impact of government policies before making political decisions, stressing that the coming years should be devoted to consolidating ongoing reforms and ensuring that their benefits reach ordinary citizens.
She also called on women to remain actively involved in governance and continue supporting leaders through their votes and prayers.
According to her, voting remained a major responsibility of citizens because it determines the quality and direction of leadership at all levels.
Alao-Akala further urged ATM members and supporters to work for the success of the All Progressives Congress (APC) and support its candidates in state and national elections ahead of the 2027 general elections.
She clarified that ATM was a movement and not a political party, adding that its activities were aimed at mobilising support for the APC and its candidates.
Meanwhile, the Director-General of ATM, Mr Demola Alao-Akala, said the movement would continue to preserve and promote the legacy of his late father, former Oyo State Governor, Otunba Adebayo Alao-Akala.
He said the essence of the movement was not merely to remember the late governor but to sustain the values and principles he stood for, particularly people-oriented governance and the welfare of ordinary citizens.
“The concept of remembrance of our father is about making sure that his legacy survives. When he left, he left us a pattern, and we strongly believe that the legacy he left behind can be used to propagate his ideas and keep his memory alive,” he said.
The ATM DG said members of the movement were determined to build on the ideals of service and good governance associated with the late governor.
“We believe strongly that if we are alive, we are going to go back to our lives and continue in the spirit that he showed. We are moving forward, and I think we are supposed to continue,” he added.
Alao-Akala said the late governor’s political philosophy placed the welfare of the people at the centre of governance, noting that democracy should ultimately be judged by its positive impact on citizens.
He assured ATM members that the movement would remain committed to promoting the late governor’s ideals while mobilising support for programmes and candidates it believes can improve the lives of Nigerians.
“We are going forward,” he declared.
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