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The Senate Committee on Public Accounts has rejected the 2022 and 2023 Premium Motor Spirit (PMS) importation records offered by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), citing unacceptable disparities when in comparison with figures submitted by the Nigerian National Petroleum Company Limited (NNPCL).
Consequently, the committee has summoned the chief executives of the NMDPRA, NNPCL, and the Nigeria Extractive Industries Transparency Initiative (NEITI) to seem earlier than it to elucidate the discrepancies or face publicity for potential fraud.
The discrepancies got here to mild throughout a legislative listening to on queries raised within the NEITI Oil and Gas Industry Audit Report (2021–2023).
