Abuja – The House of Representatives Public Accounts Committee (PAC) has given the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bayo Oiulari, a final ultimatum to appear in person and submit all outstanding documents on Monday, 15 December 2025, or face the full consequences of legislative sanctions.
The directive, issued on Monday by Committee Chairman Hon. Bamidele Salam, followed NNPCL’s repeated failure to honour invitations and provide responses to serious audit queries raised by the Office of the Auditor-General of the Federation for the 2021 financial year.
Lawmakers expressed outrage after NNPCL sent another letter citing the GCEO’s “official engagement at the Presidential Villa” as the reason for his absence, describing the pattern as deliberate obstruction of constitutional oversight.
Hon. Salam warned:
“This committee will no longer tolerate acts that undermine transparency and accountability in a wholly government-owned entity. We are giving you one final opportunity: Monday, 15 December 2025. The GCEO must appear personally with every single document requested.”
Key audit irregularities NNPCL is expected to explain include:
– Payments for abandoned or uncompleted projects
– Non-remittance of statutory taxes and revenues
– Questionable expenditures authorised by the Chief Finance Officer without the approval of the then Group Managing Director
After an appeal by NNPCL’s National Assembly Liaison Officer, Hon. Umar Faruk, the committee reluctantly granted the last extension but made clear that failure to comply on 15 December will trigger immediate invocation of the House’s constitutional powers.
