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Audit Query: NNPC GMD, 17 subsidiaries again fail to appear Before Reps C’tte

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***panel Accuses MTN of Tax Evasion

The Nigerian National Petroleum Company, (NNPC) limited and its 17 subsidiaries for the umpteenth time failed to appear before the Public Account Committee of the House Representatives to answer to multiple audit queries raised against them by the office of the Auditor General of the Federation

The committee is investigating NNPC limited, the Central Bank of Nigeria, (CBN) alongside telecommunication firm, MTN based on the annual audit report of the Auditor General of the Federation, (AGoF) between 2014-2019 financial year and non rendition of audited account by NNPC subsidiaries covering the same period

The NNPC Management had pleaded with the Committee two weeks ago to issue fresh summons on the 17 subsidiaries through the Group Managing Director, Mele Kyari.
This followed the observation of the Committee that the GMD might have been shielding them from honouring several summons issued to them with total assurance that the GMD would produce them before the Committee

However, At the resumed hearing of the Committee sitting on Wednesday, the NNPC in a letter addressed to the Chairman of the Committee, Hon Busayo Oluwole Oke (Osun- PDP) the Group Managing Director, Mallam Mele Kyari stated that he was engaged in a function on theft of crude oil in the Niger Delta, hence his unavailability

The Committee therefore, ceded to his request for an extension of time and fixed 29th April when Kyari would appear in person with the relevant documents for the investigation

The committee was however, frowned at MTN’s unwillingness to cooperate by tendering requested documents that would ease the findings of the lawmakers.
The Chairman of the committee described the attitude of the telecom firm as ‘disrespectful to the parliament” especially that the company replied parliament’s invitation letter to the MD through an Executive Director, MD

Besides, the lawmakers lamented the abuse of fiscal regulations by individuals and companies doing business in the country as most of them were found to be evading taxes

The General Manager, (GM) financial operations of MTN Yemisi Adeleye who appeared before the lawmakers failed to tender a certificate of assets status of the company, issued her organization by the ministry of trade and investment

The certificate was expected to contain the assets of the company which would determine how much tax was expected of them.

Since incorporation in 2001, the GM said that MTN had invested more than N3.4 trillion into the Nigerian economy and had paid more than N2.5 trillion in taxes, levies and other regulatory fees as at December 2021 including N669 billion in 2021 alone

The Committee directed the Nigerian Customs Service (NCS) to furnish it with all MTN import duty documents as well as other relevant tax documents to ascertain if waivers were given legally or wrongly to the telecom firm

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Legislature

NASS Clerk wades into DSS, Staff face-off, tells security operatives to be civil

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***Reads riot act

Apparently piqued by the commotion caused by the alleged brutality of some top staff of the National Assembly on Friday by the personnel of the Department of State Services (DSS), the Clerk to the National Assembly(CNA), Alhaji Sani Magaji Tambawal has read the riot act to all security operatives in the complex.
He charged them to be civil in carrying out their duties at all times.
A statement signed by Birma Shuaibu Maina, Secretary, Human Resources and Staff Development on behalf of the CNA pointed out that the top management of the National Assembly was aware of the unfortunate incident that happened on Friday, 17th May, 2024.
It further said the CNA and top management team visited Comrade Odo at the National Assembly Clinic and immediately called for an emergency meeting between the Management, Security Personnel and Parliamentary Staff Association of Nigeria (PASAN) officials during which the “unfortunate incident” was deliberated upon and unanimously resolved as follows:
“That DSS and other Security operatives should work in harmony with the Sergeant-At-Arms.
“All security operatives within the National Assembly Complex should be civil in the discharge of their duties.
“All members of Staff should always display their I. D. cards for easy identification”.
Finally, the CNA and the top management appealed to the staff to be “calm, peaceful and law abiding as the situation is under control”.
It will be recalled that a face-off between the DSS and some staff of the National Assembly Friday, led to the brutalization of two senior staff of NASS leading to demonium at the complex

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Natasha makes case for local industries development

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***Pays courtesy call on SMEDAN DG

The Chairman Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan, on Thursday, made a strong case for the development of Local industries through creation of a market for local manufacturers rather than just training them in their existing skills.


She spoke when she met with the Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, to make case for the growth of local factories and the manufacturing of made-in-Nigeria products.

The meeting, also attended by Senator Ede Dafinone, Vice Chairman of the Senate Committee on Local Content, focused on developing local content, investing in local manufacturers, and strengthening homemade products to boost the economy and create jobs for youth.


Senator Akpoti-Uduaghan emphasised the need to support local manufacturers and promote made-in-Nigeria products, highlighting the potential of local products like handwoven fabrics (popularly known as Kitipa in Ebira parlance), which can be used to produce shoes for military, paramilitary, and Corps members. This, she noted, would reduce importation and boost the economy.

“You cannot teach a local person how to make shea butter or black soap. They already know it. But what they need is market and access to finance.
“Local manufacturers need training on how to access markets and brand their products for international export. They already possess the skills, but need guidance on branding and marketing,” she stated.

Senator Akpoti-Uduaghan cited examples of successful international partnerships, such as the French cosmetics company L’occitane and Burkina Faso’s Shea butter industry, and Zara and Ethiopia’s cotton industry. She suggested that Nigeria could similarly partner with international brands like Prada or Louis Vuitton to boost its leather industry, creating revenue and downstream sectors.

The lawmaker criticised the government’s ‘50,000-era enterprise’ initiative, stating that it does not effectively support local industries.

She also emphasised the need for agencies like SON and NAFDAC to be more accessible and responsive to small-scale businesses.

By harnessing the local content of every part of the country, growing and strengthening it to produce in commercial quantity for local consumption and export, Senator Akpoti-Uduaghan believes that Nigeria can create more jobs, reduce importation, and boost the economy.

In his remarks, the SMEDAN boss promised to create a viable market for local content industry by working closely with the National Assembly to encourage local manufacturers to boost the local products that are needed in the country and valued outside the shores of Nigeria.

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Legislature

Senate okays establishment of North West Development Commission

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The Senate has approved the North West Development Commission (NWDC) bill to address the challenges facing the seven states in the geopolitical zone.

The approval came after the consideration and adoption of the report of the Committee on Special Duties on the NWDC (Establishment).

The bill to establish the commission was sponsored by t

The Deputy President of the Senate, Senator Barau Jibrin and 20 other senators from the seven states in the North West geopolitical zone sponsored the bill to establish the commission
Chairman of the committee, Sen. Shehu Lawan Kaka (APC, Borno Central) moved the motion for the presentation and consideration of the report, while Sen. Ireti Kingibe (LP, FCT) seconded it.
Presenting the committee’s report, Senator Kaka pointed out that the intent and purpose of the bill are well structured and strategically streamlined for the socio-economic development of the North West geopolitical zone of the country.

He added that the commission’s establishment would bring the federal government closer to the North Western states and meet the yearnings and aspirations of the people.
He, therefore, urged the Senate to pass the bill.

When the bill was put to vote by the Deputy President of the Senate, Senator Barau I Jibrin, who presided over the plenary, the senators unanimously supported it.

In his remarks, Senator Barau commended his colleagues for supporting the bill’s passage.

When established, he said the commission would address the challenges facing the geopolitical zone and, by extension, the country.

Describing the North West as the food basket of the country, he said the commission, when established, will work towards the restoration of infrastructure destroyed by Boko Haram insurgents and bandits in the region.

” So if we are serious about ensuring we have food and for food security to be attained in this country, we must provide the necessary infrastructure for all our key sectors to thrive well.

“This commission is needed. I commend you all for supporting this; no one said no. Everybody supported this idea. So, now we are pushing the Bill to the House of Representatives for their approval and then to Mr President for assent,” he said.

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