Senate gives NNPCL auditors one week to explain N210tn unreconciled figures

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The Senate Public Accounts Committee on Wednesday gave external auditors of the Nigerian National Petroleum Company Limited (NNPC Ltd.) one week to produce documents explaining over N210 trillion recorded as receivables and payables in the company’s audited financial statements, warning that figures of such magnitude cannot remain unreconciled after being certified by independent auditors.

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