Senate wants audit of NNPC, NPA, NIMASA finances

The Senate has directed the acting Auditor General of the Federation, Adolphus Aghughu, to pay more attention to the financial activities of big revenue generating agencies instead of smaller ones.

The Chairman, Senate Committee on Public Accounts, Senator Matthew Urhoghide (Edo South), yesterday during the 2021 budget defence of the Office of the Auditor General for the Federation urged the AuGF to ensure a comprehensive auditing of the accounts of the Nigerian National Petroleum Corporation (NNPC), the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency NIMASA, among others.

He said, “You claim that you are auditing the account of the federation and you won’t touch the accounts of the NNPC, NPA, NIMASA among others.

“You will remove all the big spenders from your watch list but you will focus on smaller agencies. That is what has been happening from 2015 till date.

“We don’t want to be seeing these smaller agencies of government that you are focusing on because they can’t settle well. We are tired of seeing audit queries involving municipal councils, leaving behind the big agencies.”

‘You should undertake performance audit at every stage of construction. You shouldn’t wait till the project is completed before raising the alarm. and allow EFCC to step in and collect huge sums to fight corruption.

“It is because the auditors allows it. You are part of the cause of corruption in Nigeria.”

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