Reps to petition President Buhari over NNPC, CBN, others refusal to honour invitations

For failure to appear before the House of Representatives Committee on Public Account to answer questions over financial irregularities traced to them or clarify some records provided by other agencies, the House Committee is to petition President Muhammad Buhari over the refusal of some agencies of government to appear before it.

The House Committee on Public Account  has particularly frowned at the refusal of the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele, Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Managing Director of the Nigeria Port Authority, Haha Hadiza Bala Usman and the Bureau for Public Enterprises to appear before it over sales of federal government landed property across the country.

The agencies together with the National Emergency Management Agency (NEMA), and the Petroleum Equalisation Fund have failed to appear before the Committee on Public Account over the sales of some government property.

Chairman of the House Committee on Public Account, Rep. Wole Oke told the Clerk of the Committee to forward a petition to the President through the office of the Secretary to the Federation and the Chief of Staff to the President informing him of the refusal of the heads of the agencies to honour the invitation of the legislative house.

Hon. Oke said the President should compel the agencies to honour the invitation of the House within seven days.

However, at its hearing  of the House Committee on Wednesday, the Transmission Company of Nigeria (TCN) and the Nigeria Electricity Liabilities Management Company denied selling any government property or being in possession of any proceed from the sale.

Managing Director of Transmission Company of Nigeria, (TCN) Engr S.A. Abdulazeez informed the Committee that “TCN was not involved in the sales of federal government landed property.

“When the Power Holding Company was privatised, all assets and liabilities were handed over to the Nigerian Electricity Liability Management Company (NELMCO and so, we have no presentation to make”, Abdulazeez said.

In his response to Director General of NELMCO, Adebayo Fagbemi said not all PHCN assets were transferred to the agency, adding that some of the property handed over to him were already sold before they were handed over to them.

Fagbemi said that the gazette authorising the transfer also transfered some of the assets to other agencies including the Nigeria Electricity Management Service Agency and National Power Training Institute of Nigeria and the Nigeria Bulk Electricity Trading Company (NBET).

According to him, the schedules were transferred to the agency by the gazette, stressing that some of the property listed in the schedules were already sold by the Presidential Implementation Committee, the Federal Capital Territory Authority and the FIRS before they were handed over to the agency merely on paper.

He urged that those assets already sold should have been expunged from the list of assets handed over to them, adding that the agencies that took charge and sold the property should be in a better position to explain where the money realised from the sale was kept.

He disclosed that NELMCO only recently got approval from the Bureau of Public Enterprises to begin the sale of about 52 government property, adding that the process of selling those property is currently being carried out.

When asked whether the property were sold before being handed over to them, Fagbemi said “the transfers were done officially in 2013 by the BPE and by 2013, some of them were already sold and the proceeds were never transferred to us”.

However, the Secretary to the Presidential Implementation Committee on the Sales of Federal Government landed property, Kola Adeyemi confirmed that the property were sold and the proceeds deposited in a special account at the CBN created for that purpose.

Adeyemi hinted that the Committee never had access to the proceeds as the transaction was carried out in line with Presidential directive.