NPA Archives - Parliament Reports

NNPCL claims transparency champion, remits N10 trn in 2024

Sharon EboesomiJanuary 15, 20252 min

The national assembly also increased the NPA’s target to N1.75 trillion, citing untapped opportunities across its 56 revenue streams. The Nigerian National Petroleum Company Limited (NNPCL) has declared itself the only company in Nigeria that publishes 100 percent of its account statements annually. The Group CEO, Mele Kyari, who revealed this on Wednesday while presenting the company’s budget defence at the national assembly, stressed that they remitted N10 trillion to the federation account by September...

Senate

Faulty concessions cost Nigeria millions of dollars – NPA

Sharon EboesomiDecember 8, 20233 min

The NPA explained that Nigeria lost billions of naira due to faulty concessions granted to private operators by the federal government in the past The Nigerian Ports Authority (NPA) has blamed faulty concessions entered into with private operators by the Federal Government for huge sums of unremitted revenues. The authority, however, said the Wold Bank is assiting it to rectify the bad deals and that it had been able to recover a fraction of what...

Senate

Senate fumes as NPA evades $1bn query

Sharon EboesomiDecember 6, 20234 min

The NPA may be compelled to appear before the Senate panel to answer queries regarding an alleged one billion dollars revenue leak as well as other huge sums unaccounted for The management of the Nigeria Ports Authority (NPA) has come under fire from the Senate Public Accounts Committee (PAC) for declining invitations to respond to questions on a $1 billion alleged to be missing by the report of the Auditor-General of the Federation (AuGF)....