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Senate orders NNPC GCEO to appear July, threatens to issue arrest warrant

by Present Nigeria
June 27, 2025
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The Senate Committee on Public Accounts has ordered the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, to appear before it July 10.

The committee said that it might be compelled to issue arrest warrant if Ojulari failed to appear before on the said date.

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The committee, chaired by Sen. Ahmed Wadada issued the directive during a brief session of the committee in Abuja after officials of the NNPCL failed to appear before it as expected.

Their presence was required to respond to queries raised last week regarding a staggering N210 trillion allegedly unaccounted for by the company between 2017 and 2023, as detailed in an audit reports.

Rather than appear, the NNPCL instead in a letter signed by Adedapo Segun on behalf of the GCEO and read by the committee clerk, Sani Abdullahi, requested an additional two months to prepare a detailed response.

Wadada strongly rejected the request and condemned the absence of NNPCL officials, saying it demonstrated a disregard for the committee’s summons.

“We expected representatives from the NNPCL to be before us today to answer questions thrown at them last week on issues or queries raised in the audit reports before us.

“Their absence is unacceptable and as a result, this committee is giving the relevant officials from NNPCL ten working days from today, which ends on July 10.

“This committee was not expecting any documents from NNPCL today but answers to the eleven questions thrown at its representatives last week.

“Therefore, the GCEO of NNPCL must appear before us on July 10 for the expected answers.”

He added that the failure to appear on the scheduled date would leave the committee with no choice but to invoke and assert all its constitutional powers to compel the GCEO’s appearance.

Wadada also declared that the committee may adopt audit queries against other defaulting agencies.

“These agencies are the FCT High Court and the Federal Ministries of Solid Minerals, Steel Development, and Finance if they fail to appear before the committee on Tuesday next week, they will hear from us,’’ he said.

We’re under attack by saboteurs, NNPC Ltd management cries out
The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has uncovered an emerging coordinated sabotage campaign being waged by a syndicate of known and faceless actors, within and outside the organisation.

A statement issued on Friday by the management of NNPC Ltd., said that the group was actively spreading lies and misinformation simply to discredit the company’s leadership.

The company said the group was spreading such misinformation to derail the organisation’s ongoing transformation into a corruption-free, performance-driven energy company, in line with the mandate of the President of the Federal Republic of Nigeria.

“Their tactics include planting scandalous and fabricated reports, curated to distract leadership, mislead the public, and undermine the commitment of our dedicated workforce and reform-minded Nigerians.

“These are calculated efforts by those who feel threatened by reform, transparency, accountability, and change, a clear evidence of the lengths to which they will go to obstruct the transformation of Nigeria’s foremost energy institution.

“We expect a surge of defamatory content in the days and weeks ahead but NNPC Ltd. remains undeterred. The transformation is underway, and no amount of sabotage will stop it,” it said.

The company urged its dedicated staff, stakeholders, and all patriotic Nigerians to stay focused, ignore the noise and not be discouraged.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
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