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Senate Urges NNPCL To Refund Unaccounted ₦210 Trillion Naira

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Bayo Ojulari GMD NNPCL

 

By Yusuf Danjuma Yunusa

The Nigerian Senate has directed the Nigerian National Petroleum Company Limited (NNPCL) to reimburse the Federation Account with ₦210 trillion. The order was issued after the Senate formally rejected the company’s justifications for the unaccounted funds.

The decision came to a head when NNPCL Group Chief Executive Officer, Bayo Ojulari, declined to appear before the Senate Committee on Public Accounts. He had been summoned to clarify the NNPCL’s official responses to 19 detailed financial queries. With his non-appearance and the submitted explanations found to be insufficient, the Committee proceeded with the directive for a full refund.

The committee, chaired by Senator Aliyu Wadada, has been investigating the firm’s financial operations from 2017 to 2023.

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Its probe revealed ₦103 trillion listed as accrued expenses and ₦107 trillion as receivables in NNPCL’s audited financial statements — figures the Senate described as “contradictory and unjustifiable.”

Wadada, while addressing the committee, said NNPCL’s claims raised serious concerns about transparency and accountability in the management of public funds.

“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,” Wadada stated.

He further questioned how the company could have paid ₦103 trillion in cash calls to Joint Venture (JV) 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 President Muhammadu Buhari administration. How can NNPC claim to have paid ₦103trn in one year, when it only generated ₦24trn in revenue over five years? Where did NNPC get that money?” he queried.

Adding that the company’s explanations is unsatisfactory, Wadada said the committee would not hesitate to summon former officials of NNPCL and the National Petroleum Investment Management Services (NAPIMS) if the current management fails to provide credible answers.

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Jega Advocates Merit-Based Leadership in Nigerian Universities

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Professor Attahiru Jega
Professor Attahiru Jega former chairman INEC

 

Former Chairman of the Independent National Electoral Commission (INEC) and renowned academic, Professor Attahiru Muhammadu Jega, has called on the Federal Government to entrench merit, competence, and integrity as the guiding principles in the appointment of leadership across Nigerian universities.

He warned that the increasing politicisation of such appointments poses a serious threat to academic standards, institutional autonomy, and the future of higher education in the country.

Professor Jega made this call on Thursday while delivering the 3rd Abdullahi Mahadi Annual Memorial Lecture at Gombe state University, Gombe State. The lecture, titled “Challenges and Prospects of Improving University Governance in Nigeria,” examined the structural, administrative, and policy-related obstacles confronting university governance in Nigeria.

The distinguished Professor of Political Science and a one time Vice Chancellor of Bayero University, Kano, described universities as specialised intellectual institutions that require visionary, experienced, and academically grounded leadership to fulfil their mandates of teaching, research, and community service.

“A university is not a political platform. It is a centre for knowledge creation and human capital development. It cannot achieve its core objectives when leadership appointments are driven by political considerations rather than academic merit,” he stated.

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Professor Jega expressed deep concern over persistent political interference in the appointment of vice-chancellors, governing council members, and other principal officers. He observed that this trend has weakened governance structures, encouraged poor administrative decisions, undermined staff morale, and contributed significantly to the gradual decline in the quality of higher education in the country.

He stressed the urgent need for transparent, competitive, and merit-driven selection processes, anchored on clear criteria, academic record, leadership experience, and professional credibility. According to him, insulating universities from undue political influence is essential for restoring confidence in the system and positioning Nigerian universities to compete favourably at the global level.

Professor Jega further warned that failure to reform university governance would continue to erode the capacity of tertiary institutions to produce graduates who are innovative, globally competitive, and capable of driving sustainable national development.

The memorial lecture was delivered in honour of the late Professor Abdullahi Mahadi, a pioneer Vice-Chancellor of Gombe State University, whose contributions to scholarship, leadership, and the growth of the institution were widely acknowledged during the event.

Speaking earlier as Chairman of the Occasion, the Vice-Chancellor of the Federal University of Kashere, Professor Umaru Pate, commended Gombe State University for sustaining the Abdullahi Mahadi Annual Memorial Lecture, describing it as a worthy tribute to the late pioneer Vice-Chancellor of the institution.

Professor Pate expressed appreciation to the GSU Vice-Chancellor, Professor Aliyu Yauta, and the university management for sustaining the initiative, noting that maintaining such academic traditions in Nigerian universities is often challenging.

He also described the Guest Lecturer, Professor Jega, as eminently qualified to speak on the theme, noting his deep experience in university governance and his long-standing professional relationship with the late Professor Abdullahi Mahadi.

Reflecting on Mahadi’s life, Professor Pate said the late scholar left behind an enduring legacy of service, scholarship, and institutional development at Gombe State University and beyond.

The lecture attracted a wide audience of academics, policymakers, students, and education stakeholders, including the Deputy Governor of Gombe State, Dr. Manassah Daniel Jatau. Participants described the event as timely and impactful in shaping the future of university governance in Nigeria.

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Kano Government Refutes Garba’s Claims, Affirms Strong Q3 Budget Performance Across Key Sectors

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Left Musa Suleiman Shanono Kano state commissioner for budget and planning ,Right comrade Muhammad Garba former Kano state commissioner for information

 

 

The Kano State Government has dismissed claims by former Kano state commissioner for information Comrade Muhammad Garba circulating in the  media alleging poor sectoral performance in the 2025 third-quarter budget implementation report.

Commissioner for Budget and Planning, Alhaji Musa Sulaiman Shanono, clarified that the figures being shared online were taken out of context, stressing that the administration of Governor Abba Kabir Yusuf recorded notable improvements across several key sectors—including health, education, agriculture, and water resources.

Shanono explained that the government’s performance review covered January to September 2025, and the report clearly showed that many MDAs surpassed their previous year’s performance levels. He noted that while some sectors recorded lower expenditure due to delayed releases or ongoing procurement processes, others achieved significant milestones aligned with the state’s development priorities.

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He emphasized that the budgeting process is transparent, data-driven, and compliant with national standards. According to him, the analysis posted online was “misleading and selective,” lacking proper interpretation of government financial dashboards and reports.

The Commissioner reiterated that the Yusuf administration remains committed to improving public service delivery, strengthening accountability, and ensuring that every kobo spent translates into meaningful impact for the people of Kano State.

He also countered the claim of former Kano state commissioner of information Muhammad Garba of accusing the Kano state government of non budget performance .

 

The commissioner said the Alhaji Abba Kabir Yusuf’s budget performance is not something hidden its there for every body to see in Government websites.

 

NIGERIAN TRACKER reports that recently the former Kano state commissioner of information during Dr. Abdullahi Umar Ganduje’s tenure Malam Muhammad Garba said the Kano state government under Alhaji Abba Kabir Yusuf has performed woefully in budget implementation in the first and second quarter of 2025 fiscal year.

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World Cup 2026:Morocco Drawn Against Brazil as Cote d’Ivoire Set to Battle Germany in Group Stage Showdowns

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By Abdulgaffar Oladimeji who is in Washington

Morocco to face Samba Boys of Brazil in group C, where they are drawn alongside Scotland and Haiti.

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The Elephants of Cote D Ivorie will confront the German Machines in Group E. Where they have Ecuador and Curacao as their other . opponents.

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