The senate committee on public accounts has given the Nigerian National Petroleum Company (NNPC) Limited a 10-day ultimatum to address financial queries concerning discrepancies in its audited financial statements.
Bunmi AdulojuThe senate committee on public accounts has given the Nigerian National Petroleum Company Limited a 10-day ultimatum to address queries concerning discrepancies in its audited financial statements.
On Thursday, the NNPC sent a formal request to the committee for a two-month extension to respond to the queries.However, the committee, chaired by Aliyu Wadada, refused the request and issued the ultimatum, which expires on July 10. The lawmaker warned that if the NNPC boss fails to comply, the senate would be compelled to invoke its constitutional oversight powers.
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