2 publishers · first seen Tue, 10 Nov 2026 15:57 UTC · updated Tue, 10 Nov 2026 21:56 UTC
Mele Kyari, the former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), appeared before the Senate Committee on Public Accounts to address allegations of financial discrepancies involving over N210 trillion. Kyari denied the claims, stating that the figures were due to accounting entries and not financial losses. He also refuted allegations of irregular payments related to the company's incorporation and name change, explaining that the payments were statutory and not fees. Kyari defended his tenure, highlighting the company's transformation from a loss-making entity to a profitable organization under his leadership.
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