NNPCL Accused of Diverting $9.77m, N2.68tn Amid Probe Invitation Shunning

The Nigerian National Petroleum Company Limited has diverted approximately N2.68 trillion from the national treasury, according to a report. The company has also shunned probe invitations despite facing allegations of financial impropriety.

The Nigerian National Petroleum Company Limited (NNPCL) has faced severe criticism over its alleged diversion of approximately $9.77 million and 2.68 trillion naira from the national treasury. According to a recent report, the company has refused to comply with probe invitations, further fueling public distrust in its financial dealings. The Auditor-General's office has taken notice of these irregularities, highlighting the need for accountability and transparency within NNPCL's operations. This latest scandal brings into question the management's commitment to utilizing national resources effectively and efficiently.