NEITI audit queries pit Finance Ministry against NNPCL

6m LNG dividends, others remain unresolved By Henry Umoru ABUJA — The Federal Ministry of Finance and the Nigerian National Petroleum Company Limited, NNPCL, on Thursday traded blame over unresolved queries raised in the 2021–2023 Oil and Gas Sector Audit Report by the Nigeria Extractive Industries Transparency Initiative, NEITI.” The committee chairman directed the Permanent Secretary to review the ministry’s internal report and arrange a joint meeting involving the Ministry of Finance, NUPRC, NNPCL and any other relevant agency.

The development followed the appearance of the Permanent Secretary of the Ministry of Finance, Mr Raymond Omachi, before the Senate Committee on Public Accounts, chaired by Senator Ibrahim Dankwambo (PDP, Gombe North), to respond to financial queries contained in the NEITI report.