President Goodluck Jonathan has ordered the release of an audit report conducted into the accounts of the Nigerian National Petroleum Corporation (NNPC).
Read full audit report on company’s accounts
The audit was conducted by PriceWaterHouseCooper after former Central Bank Governor, Sanusi Lamido Sanusi alleged that the NNPC failed to remit $20 billion in oil funds into the Federation Account.
The PwC however recommends that the NNPC refund $1.48 billion and not $20 billion as originally reported.
Jonathan ordered the release of the full report after President-elect, Muhammadu Buhari stated that his administration would conduct a fresh probe into the allegations of missing money.
Get the full report below:
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