Nigerian Reps Call for Forensic Audit of NMDPRA Over Fund Misappropriation
The Nigerian House of Representatives has raised concerns over the alleged mismanagement and misappropriation of funds by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The Chairman of the House Committee on Public Accounts, Bamidele Salam, directed the adoption of a motion for a forensic audit of the funds.
The audit is in response to violations of the Petroleum Industry Act of 2021, particularly in the utilization of the Midstream and Downstream Gas Infrastructure Development Fund. Hon. Cyriacus Umeh sponsored the motion, highlighting discrepancies in fund collection and utilization.
The NMDPRA's failure to respond to requests for information and explanations has raised suspicions of financial irregularities.
Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.
Read full article
Continue on Nigerian Tribune
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigerian House of Reps Summons NNPC CEO Over Audit Queries, Legal Action Looms
Nigerian Reps Investigate Oil Spill Clean-Up Funds in Niger Delta
Nigerian House of Representatives Summons NNPC GCEO Over Unresolved Audit Queries
Lawmakers Question New NMDPRA CEO on Policy Direction and Job Creation in Nigeria's Petroleum Industry
Nigerian Senate Confirms New Heads for Petroleum Regulatory Agencies Amidst Corruption Allegations
Legal Experts Warn of Dispute Over Dangote Refinery in Nigeria
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
