Audit-Report-on-NNPC

Investigative Forensic audit of crude oil revenues and remittances by NNPC (January 2012 – July 2013)
AGENCIES
Resources (MPR)
Department of
Petroleum
Resources (DPR)
Ministry of Finance
(MoF)
Office of the
Accountant General
of the Federation
(OAGF)
Ministry of Justice
(MoJ)
Federal Inland
Revenue Service
(FIRS)
Office of the
<strong>Audit</strong>or-General for
the Federation
(AuGF)
DESCRIPTION
implementation of approved policies. The Agencies and Parastatals
under the supervision of the Ministry also ensure the execution of the
approved policies for the sector. The Ministry has four service
departments of Planning Research and Statistics, Finance and
Accounts, Human Resources Management and Procurement.
The technical arm of the Ministry of Petroleum Resources which has
the statutory responsibility of ensuring compliance to petroleum laws,
regulations and guidelines in the oil and gas Industry. The DPR
ensures compliance with industry regulations; processes applications
for licenses, leases and permits, establishes and enforces
environmental regulations.
The Federal Ministry of Finance has the responsibility for the control
and management of the public finance of the Federation. The
ministry's functions include formulating policies on fiscal and
monetary matters, preparing annual estimates of revenue and
expenditure for the Federal Government, managing revenue
allocation matters, monitoring revenue from oil and non-oil
resources, maintaining adequate foreign exchange reserves and
relating with international organizations and financial institutions.
The Office of the Accountant General of the Federation is responsible
for the overall management of all receipts and payments of the
Federal Republic of Nigeria. The mandate of the OAGF includes
supervision of the accounts of MDAs, presenting and publishing
statutory financial statements required by the Ministry of Finance,
managing federal government investments, maintaining and
operating public funds, ensuring revenue monitoring and accounting
among other things.
The Federal Ministry of Justice is responsible for ensuring justice for
all. It provides a sound legal framework to maintain the rule of law as
well as economic and social reform. Other functions include; the
prosecution of criminal cases, defense of civil suits, provision of legal
advice to government organizations and institutions, drafting of bills,
handling of complaints of breaches of citizens' rights, publication of
revised laws and white papers
Vanguardngr
Federal Inland Revenue Service (FIRS) was established to control and
administer the different taxes and laws specified in the First Schedule
or other laws made from time to time by the National Assembly or
other regulations made thereunder by the Government of
the Federation and to account for all taxes collected. FIRS is charged
primarily with the responsibility of accessing, collecting and
accounting for the various taxes to the Federal Government.
The Office of the <strong>Audit</strong>or-General for the Federation is saddled with
the following responsibilities; enforcing accountability responsibility
in Ministries and Extra-Ministerial Developments, ensuring prudent
disbursement and utilization of public funds, manpower resources
and other public properties, ensuring regular and prompt audit of all
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