You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss (16202 Views)
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Akabuking: 7:49am On Jun 27, 2025 |
Conciousnigeria:initial gragra, nothing will come out of it. Highest they will 20trillion to settle them. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by blackmantis: 7:50am On Jun 27, 2025 |
Which senate? The toothless rubber stamp that will approve everything. This is just a badly acted script to make people think that they are working. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Sunisonflex39(m): 7:52am On Jun 27, 2025 |
Talismann:909k naira..I divided by 220m people It's still something, some can start business with that |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by samobaba(m): 7:53am On Jun 27, 2025 |
I am ashamed of these elected representatives, who are called the Senate. These are basic accounting entries that will surely cancel out. What are Accrued expenses? These are expenses that the company has not yet paid in previous years. Then what are receivables? Receivables are expectations from customers which has not been received. Where your customers also serve as your vendors, especially in a joint venture kind of transaction, in which the NNPC does, it is a matter of reconciliation and sorting it out. The past executives of the corporation were hurriedly removed, and you are shouting at the present executive to come and explain. They did the right thing to demand if truly there is fraud by asking for a 2-month grace to reconcile and get back to them if truly there is fraud. You are shouting for ten days. The stupid journalists will not verify information since they are all bloggers now; they will just throw open information like it is water. We have a problem of educated illiterates in this country, and I fear it may it not be the reason they will burn this country one day. Who are the members of the committee? semi-illiterate senator, what do they understand about the oil and gas business? zero..... What is their accounting knowledge? Zero..... I pity the country. No wonder the executives were saying no fraud. How can you just throw out N210 trillion fraud as stolen? What do you expect the rest semi-illiterate Nigerians to think? I fear for the country |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Emmabyte: 7:56am On Jun 27, 2025 |
How can this country survive if some people can just mismanage 200T , and the worst is that the so called Senators are only looking for there share |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by CSTRR: 7:57am On Jun 27, 2025*. Modified: 9:51am On Jun 27, 2025 |
samobaba:What a load of nonsense. Defending the indefensible. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by CSTRR: 7:59am On Jun 27, 2025*. Modified: 9:45am On Jun 27, 2025 |
Emmabyte:Looting of national wealth on a grand scale. Too bad. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Uche559(m): 8:02am On Jun 27, 2025 |
2017 to 2023? Baba slow doings, mr. Integrity indeed. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by yaki84: 8:12am On Jun 27, 2025 |
Racoon:Why can't seunmsg go and represent the gceo and explain things on things to the senate committee... He was here that day giving detailed explanation how the senators R talking rubbish and no money is missing. We share country with fools n evil demons cause of tribal sentiments. For the record, this discrepancy happened during the time of anti corrupt Czar, Buhari... We don't even know the extent of thievery happening between 2023 n now... |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by bionixs: 8:12am On Jun 27, 2025 |
ariesbull:Point of correction! Igbos love to make money. That is why you see them working real hard Those ones love to steal money. That is why they want to die in government. All they know is politics |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by netmillionaires(m): 8:12am On Jun 27, 2025 |
Did you read the content at all. The statement says 2017 to 2023. So how is it Tinubu gove mutvy: |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Benmsu: 8:13am On Jun 27, 2025 |
This money fit pat for the toll gate fees wey we dey pay like this. 9ja which way |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by yaki84: 8:16am On Jun 27, 2025 |
Passionnn:Na 1million sha, it will automatically mAke every Nigerian a millionaire for 2mins, after which banks will revert U back to thousanaire |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by drerocker: 8:22am On Jun 27, 2025 |
Conciousnigeria:Another name of corruption is Nigeria if Nigeria must be good let us adopt china n north Korea constitution |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Berankis: 8:38am On Jun 27, 2025 |
Kadigan:Nigerians would actually think they are investigating NNPC for them . They are simply looking for loopholes to get their own share of the loot.It is only in a God-forsaken country like Nigeria that you hear abominable things like "missing N200,000,000,000,000"! What kind of 'money' and 'missing' is that? |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by okezuoemmanue(m): 8:50am On Jun 27, 2025 |
So we don graduate to dey steal trillions instead of billions... In few times to come, na zillions we go dey steal... Our 2025 budget estimate for more than 250 million Nigerians is around 50 trillion naira. But someone is stealing over #200 trillion naira. Really, we are fantastically corrupt |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by SlavaUkraini: 9:00am On Jun 27, 2025 |
Comfyonos2019:Are the current executives not part of the system before the departure of the former executives... ? Were they not briefed of the financial situation and history of the company before they assumed their current position ... ? They should come and state what they know about the financial discrepancy and if the Senate committee is not satisfied, they would invite their predecessors. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Hassanmaye(m): 9:25am On Jun 27, 2025 |
Conciousnigeria:Just imagine 200trn, banana Republic country, a country where many can't eat 3 square meals a day, they just steal and loot |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Danisaint112(m): 9:34am On Jun 27, 2025 |
chidiokay:Who are those that would have sold the Nigeria? Kindly elaborate. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by ufotunang: 10:05am On Jun 27, 2025 |
Cj4charles:..and APC will say that PDP is the most corrupt government..it's a pity |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by ufotunang: 10:10am On Jun 27, 2025 |
netmillionaires:..is it not the same Tinubu that deceived Nigerians to vote for Buhari that he will tackle and address corruption and looting of funds |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by ufotunang: 10:12am On Jun 27, 2025 |
atesunate16:. Let them also summon mele kyari that was the former CEO of NNPC during the time of the 200 trillion fraud..i heard that he has even Japa to UK |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Emanodimo(m): 10:37am On Jun 27, 2025 |
The NA is a culprit... Are they accountable of there own budget? There is no missing money, it just that the committee are missing in the list of beneficiaries. NNPC are not scared of being charged for corruption, because there is a simple(National) interest on corruption that they all shared. So, NA should start being accountable, before calling for NNPC. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Mistersolar: 11:06am On Jun 27, 2025 |
you really mean its the new boss that is been told to come and account ke ezekins: |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by IbrahimSola: 1:01pm On Jun 27, 2025 |
Conciousnigeria:This country is a real banana republic. So are we saying that from 2017 to 2023, the NNPC did not prepare any account that was audited? Are we saying all the accounts are now audited and released at once? How come nobody said anything when 100Billion discrepancy was discovered? How come the Senate waited till up to 10 years budget of the whole country disappeared before the Senate now gave 10 days. Who was the Chairman of the Senate committee on PEtroleum all these years? Why was the audited account never considered? There are some things the senate mentions and it makes any rational nigerian sick to point that he can believe that those making laws and running oversight of the country are really stewpeed. Tuah, you guys are really smelling bad. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Wispower: 1:36pm On Jun 27, 2025 |
tete7000:If you're the type that listens to advice i would have advised you to read the topic very well before you comment, but your bigotric hatred to the Igbos will not allow you to reason like human being |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by doncartel: 2:47pm On Jun 27, 2025 |
The 210 trillion has been kept ready for 2027 election. It is in Tinubu’s 2nd term that we will hear of 1 quadrillion missing from government. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by tete7000(m): 5:33pm On Jun 27, 2025 |
Wispower:You wonder who among the two of us can't heaven comprehend what he has reason to the extent that he can't reason like human beings. Bros, kindly explain your english, let me read. |
| Re: You have 10 days to account for missing ₦200 Trillion – Senate tells NNPCL boss by Sundaymessi: 7:17pm On Jun 27, 2025 |
Conciousnigeria:l thought Reno already told Peter Obi that no money was missing? |
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. They are simply looking for loopholes to get their own share of the loot.