i. Debts contained in the Table below are long outstanding and all efforts to know
their current status was not successful as relevant information was not provided.
DEBTORS DETAILS OUTSTANDING
AMOUNT
FCTA Sale of NPA Houses during monetisation N1,800,000,000.00
BPE Non-refundable fee for the concession of
Warri Port
$350,000
NNPC EXPO SHIPPING LTD Legacy debts $900,334.68
NNPC EXPO SHIPPING LTD Legacy debts N1,695,751,286.24
NNPC Schenkar Ltd Legacy debts N1,251,407,710.09
NNPC / Gocals Legacy debts N141,700,000
NNPC / Daddo Legacy debts N371,300,000
1. Justify the non release of all records and information relating to the debt status of NPA for audit scrutiny.
2.Recover the sum of N5,260,158,996.33 (Five billion, two hundred and sixty Million, one hundred and fifty-eight thousand, nine hundred and ninety-six Naira, thirty-three kobo) and US$1,250,334.68 (One million, two hundred and fifty thousand, three hundred and thirty-four Dollars, sixty-eight cents) being outstanding debt and remit same to the Treasury.
3. Forward evidence of remittance to the Public Accounts Committee of the National Assembly, and
4. Otherwise, apply sanctions relating to failure to collect and account for Government revenue in paragraph 3112 of the Financial Regulations.
N/A
N/A
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