The House of Representatives Committee on Public Accounts has requested that the Governor of the Central Bank of Nigeria, Godwin Emefiele; Group Managing Director of the Nigerian National Petroleum Corporation, Melee Kyari; Sole Administrator of the Niger Delta Development Commission, Effiong Akwa; and Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Elias Yari be issued arrest warrants.
According to the committee’s report on the audit reports by the Office of the Auditor General of the Federation for the years 2014 to 2018, which is awaiting consideration by the House, heads of 54 Federal Government ministries, departments, and agencies allegedly refused to answer a question.
As a result, the committee, led by Oluwole Oke, requested that the House issue a warrant of arrest to compel the appearance of all Chief Accounting Officers of the 54 government agencies listed on pages 4 to 6, who refused to appear to defend their positions during the public hearing without any written reason, including the CBN, NNPC, NDDC, RMAFC, and others.
The committee recommended that several serving and former managing directors, directors-general, directors of finance and accounts/administration be prosecuted by the Economic and Financial Crimes Commission and that various MDAs make refunds for failing to account for funds, according to the report’s 30 recommendations.
The committee found that NIMASA’s management’s “reckless and purposeful reluctance” to produce audited accounts for the previous five years (2005–2019) constituted a breach of Section 85(3)(b) of the 1999 Constitution.
“All those in office that was responsible should be disciplined and referred to the EFCC in line with Financial Regulation 3129 of 2009,” it said.
The committee recommended that the Federal Airport Authority of Nigeria’s management be warned against late submission of audited accounts to the auditor general’s office.
The Nigeria Bulk Electricity Trading Company’s managing director and officers “should be sanctioned accordingly,” according to the committee, for failing to submit the agency’s audited statements from 2012 to 2019.
The Security and Exchange Commission (2014–2018), the Petroleum Equalisation Management Board (2017 and 2018 as of 2020), the Federal University of Technology Owerri (delayed 2011–2014 and non-rendition of 2016–2018), the National Drug Law Enforcement Agency (2014–2018), and the Transmission Company of Nigeria (2014–2018) are among those who failed to render their audited accounts and were sanctioned (since its inception in 2013 to date).