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Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 - Politics - Nairaland

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Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Jeboy(m): 1:14am On Nov 16
The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central Bank of Nigeria, Godwin Emefiele, over non-remittance of $19.25bn (approximately N3.24tn) revenue that accrued from sales of crude oil in 2014

Chairman of the House Committee on Public Accounts, Wole Oke, issued the summons based on audit queries issued by the Office of the Auditor General of the Federation for the period.

The committee had penultimate week accused the NNPC GMD of refusing to respond to an audit query issued against the corporation over alleged illegal withdrawals from the Nigerian Liquefied Natural Gas Limited’s Dividends Account, totalling of $20.3bn.

Kyari, who has yet to appear before the lawmakers on the NLNG matter, had denied the allegation elsewhere.

The OAuGF, in its report for 2014, said from the examination of NNPC mandates to the CBN on Domestic Crude Oil Sales and Reconciliation in the Statement of Technical Committee of Federation Account Allocation Committee meeting held in January 2014, it showed that ‘a total sum of N3,234,577,666,791.35 was not remitted to the Federation Account by NNPC within the period under review.”

The query further read, “Cost estimated for crude and product losses was N55,964,682,158.99, which is about 50 per cent of pipeline management cost of N110,402,541,010.88. Names of contractors, location and amount paid to each for the pipeline maintenance were not sighted for audit verification.

“Over 31 per cent – N826,506,271,231.26 – divided by N2,636,390,514,777.18 multiply by 100 per cent – of the realised crude sales for the year were earmarked as other expenses, apart from direct cost of production stated in NNPC reports for the year 2014. The breakdown of other expenses was not provided for audit.

“From the above analysis, it means that the Federation Account is losing 31 per cent (N826,506,271,231.26) being additional estimated cost from the total amount that should have accrue to Federation Account.”

The auditor-general added, “From the total revenue of N3,234,577,666,791.35 as at 14th January, 2015, payable to the Federation Account by NNPC during the year, the corporation deducted the sum of N826,506,271,231.26, i.e. N660,139,048,061.39, N55,964,682,158.99 and N110,402,541,010.88, for subsidy estimate, crude and product losses and pipeline management cost, respectively, at source thereby resulting to net amount withheld figure of N2,408,041,395,560.33 shown in the above table to the Federation Account.
https://punchng.com/reps-summon-nnpc-boss-emefiele-allege-n3-2tn-others-unremitted/

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Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Jeboy(m): 1:16am On Nov 16
I hope what we shall discover after Buhari regime is over should opposition win won't be mind blowing in terms of corruption.

7 Likes 1 Share

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Moferere: 1:59am On Nov 16
Jeboy:
I hope what we shall discover after Buhari regime is over should opposition win won't be mind blowing in terms of corruption.

JB, the handwriting is on the wall.

Recall: Ibe kachikwu - Maikanti Baru $25 billion NNPC case was unresolved till they used style to fire Kachikwu for saying the truth.
Now that Maikanti Baru has died, the case has been buried with him


This government has come to EAT unfortunately most of the youths who are expected to ask questions are the ones shouting rankadede

33 Likes 3 Shares

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Lordjiggs09(m): 3:14am On Nov 16
Knock, Knock, knocking on heaven's gate.
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Mysticwebb: 3:18am On Nov 16
Summon the minister of petroleum and not the minister of state for petroleum or NNPC MD or CBN governor.
You left the driver and start harassing the conductors.
The PTF thief keeps stealing while others keep answering for what they only got a peanut share from the real thief.

24 Likes

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by eNigeriaOrg: 3:57am On Nov 16
That money is now lying as one of the many empty estates in Abuja.

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Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by olaboy33(m): 4:30am On Nov 16
Emefiele has allowed himself to be used by those calling the shots in Buhari government just to retain his seat.

I hope he won't become another dasuki who'll take the fall for all their doings after Buhari's tenure.

The northerners are not to be trusted.

9 Likes

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by 5thcolm(m): 4:35am On Nov 16
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by completeskills: 4:35am On Nov 16
Why is this just coming up since 2014? The major problem with Nigeria is check and balance. Everyone does as they like without fear of been called to answer. As usual, it will be swept under that "over used" carpet. Nothing will happen.

11 Likes

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by 5thcolm(m): 4:36am On Nov 16
Another waste of time

1 Like

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by GIANTPLUSHUB: 4:36am On Nov 16
Mheen
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Kekereekun123: 4:37am On Nov 16
Probes have lead to nothing. Waste of time.
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Sabadon(m): 4:37am On Nov 16
still rubbish
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by timibare(m): 4:38am On Nov 16
This government should be called "GOVERNMENT OF THE PAST"

2 Likes

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by omoadeleye(m): 4:38am On Nov 16
Nigerians government, all these things you are doing with all these money without thinking about the poor masses at all, there's God o

2 Likes

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by helinues: 4:38am On Nov 16
2014??

1 Like

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Mekudi: 4:38am On Nov 16
Yahoo Yahoo government

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Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by tunapawizzy: 4:45am On Nov 16
Nigerian Legislators only get serious when it is money matter...they really want that cashflow into governments purse so theirs wont stop,more money for them to share.... and of what use is a rubber-stamp parliament in the first place if Nigeria will be good, Nigerians need to concentrate on the quality of people representing them at the national assembly and state house of assembly.....4 me the executive should not be as important as the quality of parliament to Nigerians......the way things are set up, legislators are the ones representing us (although in reality they are representing themselves and their families) but in the eyes of the law whatever they say is what the people say....if they endorse the executive, then we endorse the executive.
We should prioritize election into the national and state assemblies and make good use of the process of recalling our legislators.

5 Likes 2 Shares

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by AnonymousIQ: 4:55am On Nov 16
The Nigerian government are the biggest scammers of this decade.

Take it or leave it!!!

2 Likes

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Tobinrobin(m): 4:57am On Nov 16
Wow.
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by tunapawizzy: 4:58am On Nov 16
AnonymousIQ:
The Nigerian government are the biggest scammers of this decade.

Take it or leave it!!!
i am not even annoyed with the government anymore.....i am annoyed with the ordinary people.....we complain every time for 4 years then we seem to put our brains in sleep mode during campaign/election period

6 Likes 1 Share

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Gidangyarah: 4:58am On Nov 16
Hmmmmm..... They react only when they want to get their share out. Just initial gragra! They'll settle out of seen when no one will know

1 Like

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by ignis(f): 5:02am On Nov 16
Everybody is just cashing out on daily, under the watch of the uneducated oblivious daura man. This government is arguably the most corrupt government ever and the funny thing is that they claim to be fighting corruption.
If you invite him for questioning now, he either faints or begin to expose the panel chairman, and that will be the end of the investigation.

6 Likes

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by BUSHHUNTER: 5:03am On Nov 16
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by kraftysprouts: 5:04am On Nov 16
Mysticwebb:
Summon the minister of petroleum and not the minister of state for petroleum or NNPC MD or CBN governor.
You left the driver and start harassing the conductors.
The PTDF thief keeps stealing while others keep answering for what they only got a peanut share from the real thief.

Hahaha
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Aonkuuse(m): 5:04am On Nov 16
Jeboy:
I hope what we shall discover after Buhari regime is over should opposition win won't be mind blowing in terms of corruption.
2014 was Buhari

13 Likes 1 Share

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by kraftysprouts: 5:05am On Nov 16
And someone will say NIGERIA is a POOR country
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by 1beat(m): 5:10am On Nov 16
money we dem don spend finished
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by Faller: 5:12am On Nov 16
money that has gone with the wind
Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by passwelle: 5:12am On Nov 16
Comprehension is lacking in many individuals on this forum.
Goodluck Ebele Azikiwe Jonathan GCFR, GCON is a Nigerian politician who served as the President of Nigeria from 2010 to 2015.

15 Likes 4 Shares

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by janedonez(m): 5:16am On Nov 16
Audio summon

1 Like

Re: Reps Summon Mele Kyari, Emefiele Over Non Remittance Of ₦3.24 Trillion In 2014 by kolnel: 5:19am On Nov 16
Just imagine

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