Group rejects alleged ₦210tn gap in NNPCL accounts

A group has rejected claims of a ₦210tn gap in the accounts of the Nigerian National Petroleum Company Limited (NNPCL). It urged the Senate to reconcile the figures amid ongoing scrutiny.

The group dismissed the alleged ₦210tn discrepancy in NNPCL's financial records, calling for the Senate to verify and reconcile the reported figures. This comes as the Senate confronts NNPCL over concerns related to N210trn in oil revenue. The rejection highlights tensions in the oversight of Nigeria's petroleum sector finances, with the group emphasizing the need for accurate accounting to maintain public trust.

No specific details on the group's identity or the exact nature of the alleged gap were provided in the reports. The Senate's involvement points to broader efforts to ensure transparency in oil revenue management.

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Nigerian sports officials debating FIFA funds mismanagement amid a House probe, in a parliamentary setting with documents and flags.
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Former Gombe State Football Association chairman Alhaji Gara Gombe has accused the Nigeria Football Federation of longstanding financial mismanagement of FIFA and CAF funds since 1986, urging an expanded investigation beyond the House of Representatives' current focus on $25 million from 2015 to 2025. National Sports Commission chairman Shehu Dikko defended the federation by clarifying that FIFA directly managed a controversial $1.2 million mini-stadium project in Birnin Kebbi without NFF involvement in the funds. The debate highlights ongoing scrutiny of sports funding accountability in Nigeria.

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