• PAC directs CEO Bayo Ojulari to appear and submit documents by Dec 15
• Committee cites repeated failure to honour invitations
• Audit queries cover abandoned projects, tax lapses, and unauthorised payments
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The Public Accounts Committee (PAC) of the House of Representatives has summoned Bayo Ojulari, Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), to appear before it on Monday, December 15, 2025, and provide all requested documents related to audit queries for the 2021 financial year.
The directive was issued during the committee’s sitting at the National Assembly Complex, Abuja, by PAC Chairman Bamidele Salam, who expressed concern over NNPCL’s repeated failure to comply with earlier invitations. Salam warned that the committee’s patience was running thin and emphasised its constitutional mandate to oversee all agencies under its jurisdiction.
Ojulari had cited another critical engagement at the Presidential Villa for his absence, but the excuse was rejected by the committee as obstructive to the audit review process.
Following an appeal by NNPCL’s National Assembly Liaison Officer, Hon Umar Faruk, the committee agreed to grant another opportunity for compliance.
READ ALSO: NNPCL’s N5.4trn Profit Shows PIA Gains — Ojulari
The NNPCL CEO is expected to respond to several issues raised by the Office of the Auditor-General of the Federation, including alleged payments to contractors for abandoned projects, failure to deduct statutory taxes, and irregular disbursements by the Chief Finance Officer without the Group Managing Director’s approval.
PAC has historically played a critical role in enforcing accountability, uncovering abandoned projects, contract inflation, and unauthorised payments.
The petroleum sector, particularly NNPCL, has often featured in the committee’s investigations due to recurrent audit red flags involving subsidy claims, joint venture cash calls, crude oil sales, and remittances.
This latest summons reflects the committee’s commitment to ensuring full compliance with parliamentary oversight and holding all government agencies accountable, regardless of size or strategic importance.
