Home / Probes / LAO-0316

₦8.48 trillion withheld by NNPC Limited and ₦3.6 trillion in unremitted taxes

Status

No final report

Assembly

Senate

Opened

3 December 2024

Assembly term

10th National Assembly (2023–2027)

Committee

Committees on Finance, Petroleum and Gas

Sum at issue

₦8.48 trillion

Subject

Revenue and remittances

Without a report for

708 days

In approving the 2025 to 2027 Medium Term Expenditure Framework on the report of its Joint Committees on Finance and on National Planning, presented by Senator Sani Musa, the Senate mandated its Committees on Finance, Petroleum and Gas to investigate ₦8.48 trillion withheld by NNPC Limited as petrol subsidy costs and US$2 billion (₦3.6 trillion) in taxes it allegedly failed to remit, as reported by NEITI and the Revenue Mobilisation Allocation and Fiscal Commission.

NNPC

What the record shows

3 December 2024
Probe opened.
As of 11 November 2026
No final report of this probe has been found on the public record.

Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.