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Reps To Investigate NNPC’s $2.26bn Debt

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The Public Accounts Committee of the House of Representatives on Monday, constituted two sub-committees to ascertain the state of indebtedness of Nigerian National Petroleum Company Limited and other players in the oil and gas industry to the Federation Account.

The committees are also expected to analyse the Nigerian Upstream Petroleum Regulatory Commission’s Remitta records.

The two sub-committees are to be chaired by Jeremiah Umaru, and Olusola Fatoba, from Nasarawa and Ekiti States respectively.

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PAC made the decision over the issue raised in the Auditor-General 2021 report on the consolidated financial Statement against the NUPRC.

The report raised three queries against the commission.

READ ALSO: Dangote Refinery In Court Seeking Annulment Of Import Licences To NNPCL, Others

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The issues include, “Outstanding royalties due from NNPC-COMF MCA/PSC totalling $253,952,693.07, unjustified deductions from joint venture royalty by NNPC before remitting to Department of Petroleum Resources (now NUPRC) totalling $204,853,744,047.39.

“Outstanding royalties on oil, gas, concession rentals and gas flared payable by operators to Federation Account totalling $2,260,448,992.45 and N48,216,163,192.67, among other.”

The Chief Executive Officer of NUPRC, Gbenga Komolafe while responding to the issue of outstanding royalties, said the outstanding revenue due from NNPCL as of Dec31, 2021 has been paid to the tune of $224.3m, leaving a balance of $29.6m still outstanding.

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NUPRC has sent a series of demand notices to the NNPCL to clear the outstanding debt and even reported them to the Honourable Minister of Finance to intervene but to no avail.

READ ALSO: JUST IN: FG Terminates Julius Berger’s Abuja-Kaduna Road Contract, Gives Reason

“The NUPRC has a revenue collection strategy which includes sanctions and invocation of fine and penalty sections of PIA 2021,” he stated.

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While explaining the limitations of the NUPRC in applying necessary sanctions against the NNPCL and other licensees in the oil and gas sector, the NUPRC Managing Director said the agency was aware of the volatility of the industry as well as Nigeria’s economic dependence on oil revenue to avoid negative impact.

He, however, assured the committee that the agency will always operate within the law and uphold the best corporate governance policies.

Members of the committee demanded proof from the NUPRC that the various sums of monies alleged by the Auditor General of the Federation as uncollected revenue from the NNPCL and major oil and gas operators have been recovered since the end of the 2021 financial year.

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READ ALSO: Stop Importing Fuel, We Have enough, Dangote Tells NNPCL, Oil Marketers

Earlier in his remarks, the Chairman of the Public Accounts Committee, Bamidele Salam, assured all parties involved in the hearings of fairness and openness in considering all queries by the Auditor General as well as other issues before it.

Salam said as a committee that sits in an investigative capacity, it would not pronounce anyone guilty without providing ample opportunity for defence through an open hearing.

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Children’s Day: Chaos At Ogbe Stadium As Dozens Faint

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Chaos erupted on Wednesday during the Children’s Day celebration as dozens of students reportedly collapsed following a stampede triggered by the use of pepper spray.

The event,
organised by the Edo State Ministry of Education at the Samuel Ogbemudia Stadium was disrupted after some male students of Ihogbe College allegedly made uncompromising advances towards female students at the venue.

‎ A parent who identified himself as Oboh Emmanuel said, “the behaviour of those uncultured students attracted the attention of bouncers stationed at the stadium as they rebuked the male students.”

‎Oboh said the affected students later regrouped and attacked the bouncers, leading to a confrontation within the crowded arena.

READ ALSO:Children’s Day: Edo Commits To Child Protection

It was gathered that in the ensuing confusion, the bouncers were reported to have deployed pepper spray in an area occupied by a large number of students.

‎Several students, particularly female students, reportedly fainted after inhaling the substance, while others sustained injuries after being stepped on during the ensuing melee.

‎The panic was said to have spread across the stadium as students, teachers and parents scampered for safety.

‎Many of the affected students were reportedly rushed to the Edo Specialist Hospital for medical attention.

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READ ALSO: Egor LG Chair, Ogbemudia, Vice, Osawe Impeached

Reacting to the incident, Chief Press Secretary to Governor Monday Okpebholo, Dr Patrick Ebojele, said the security personnel that fired the tear gas had been detained.

He said all the students, except two, that were rushed to the hospital have been discharged.

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Ebojele stated that doctors wanted to observe the students till tomorrow before allowing them to go home.

The two students are not seriously injured. Doctors want to observe them overnight. Permanent Secretary, Ministry of Education is still at the hospital. The man who used pepper spray has been detained.

“The incident did not happen the way it is being exaggerated. All modalities were put in place to ensure the children enjoyed their day.”

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Okpebholo Salutes Edo Muslims, Seeks Continued Support, Prayers

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Governor Monday Okpebholo of Edo State has urged Muslims and all Nigerians to continue to pray for peace, unity and progress in the country even as they celebrate the annual Eid-al-Adha

The governor, who was represented by his deputy, Dennis Idahosa, stated this during the annual Eid-al-Adha celebration with Muslim faithfuls held at Government House in Benin City.

He reiterated his administration’s commitment to fairness, inclusivity and equal opportunities for all citizens irrespective of religion and tribe.

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READ ALSO:ADC Penetrates Okpebholo’s District As Defections Strengthen Party in Edo Central

According to him, the present administration remains determined to building a government that reflects the diversity of Edo State, noting that competent and qualified Muslims have continued to play vital roles in his government because of their capacity, integrity and commitment to service.

“As a government, we remain committed to fairness, inclusivity and equal opportunity for every Edo citizen, irrespective of religion, ethnicity or political affiliation. This is why quality and competent Muslims are serving in key positions in our administration.”

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Okpebholo appreciated the Muslim community in Edo State for their unwavering support and continuous prayers for his administration, noting that such prayers and support have contributed immensely to the peace and steady development being witnessed across the state.

READ ALSO:Okpebholo Felicitates Muslims On Eid-el-Fitr Celebration

He then called on all Nigerians to use the occasion of Eid-al-Adha to pray for the administration of President Bola Ahmed Tinubu, stressing that the country needs collective prayers, unity and cooperation to overcome its present economic and security challenges.

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I urge all Muslims and indeed all Nigerians to use this occasion to pray for our dear nation and for the administration of President Bola Ahmed Tinubu. Nigeria needs our collective prayers, unity and support as we strive to overcome our challenges and build a more prosperous future for all.”

In his remarks, the Chief Imam of Edo State, Abdulfatai Enabulele, applauded the governor for what he described as remarkable developmental strides recorded in less than two years in office.

The cleric commended the administration for ongoing infrastructural development and efforts geared towards improving governance in the state, but appealed to the government to revisit and complete some abandoned projects inherited from the previous administration for the benefit of the people.

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Children’s Day: Edo Commits To Child Protection

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The Edo State Government has reaffirmed its commitment to protecting the rights of children, promoting quality education, and strengthening sports development across the state.

This assurance was given by the governor of Edo State, Monday Okpebholo, during the 2026 Children’s Day Celebration and Governor’s Cup Finale held on Wednesday at the Samuel Ogbemudia Stadium, Benin City.

Addressing pupils, students and teachers,
the governor described children as the pride of Edo State and the future of the nation.

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The governor, represented by his deputy, Dennis Idahosa,
noted that the annual celebration provides an opportunity to honour their dreams, talents, and limitless potential.

READ ALSO:Eid-el-Kabir: Edo Deputy Gov Solicits prayers For Okpebholo

Speaking on this year’s Children’s Day theme, “Choose Kindness, Reject Bullying,” the governor said the message was timely and significant, as it emphasizes the need to create safe, supportive, and inclusive environments for children both in schools and communities.

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He stated that bullying in all forms — physical, verbal, emotional, or online — has no place in society, adding that the Edo State Government remains fully committed to protecting the rights and dignity of every child.

According to him, the administration will continue to strengthen policies and programmes that promote child protection, discipline, mutual respect, and positive learning environments across schools in the State.

The governor urged children to embrace kindness, compassion, teamwork, and respect for one another, stressing that true strength lies not in intimidation but in empathy, good character, and mutual understanding.

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