No N210tn missing from NNPC accounts - Bala Wunti tells Senate as Dankwambo affirms same position
Author: Daily Post StaffPublished on: July 16, 2026Country: Nigeria
Business & Economy

Former NAPIMS Group General Manager Alhaji Bala Wunti told the Senate that NNPC Ltd.'s 2023 audited financial statements contain no evidence of ₦210 trillion missing. Senate Committee Chairman Senator Ibrahim Dankwambo affirmed the committee had not established any missing money. Wunti explained the figure resulted from misinterpretation by adding receivables (≈₦107tn) and accrued expenses (≈₦103tn). He also dismissed reports of ₦5.8bn spent on incorporating NNPC Ltd.
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