EXCLUSIVE: NNPC Audit Account Report Out Soon – Federal Government


Controversy surrounding the alleged $20 billion missing fund may soon be put to rest as report of the forensic audit of NNPC account has been submitted to President Goodluck Jonathan.

The federal government tasked PriceWaterhouse Coopers Nigeria in March 2014 to carry out forensic audit of NNPC account over alleged $20 billion missing oil fund raised by former CBN Governor Sanusi Lamido Sanusi.

‘’There’s been so much controversy over this NNPC leakages or no leakages, the National Assembly has looked into it, I remember the Senate has also looked into it, also you professionals have looked into it.” President Jonathan said.

He said “what appears in the papers from speculations is very high – figures that I can’t even imagine … are being bandied on the Newspapers.”

President Jonathan, tasked the Auditor-General to look at the voluminous report within the week and highlight its key areas “because the media people will want to know the major findings vis a vis the Senate findings”.

The President reiterated the need to reform the petroleum sector saying “I believe that by the time we go through the Petroleum Industry Bill, and pass it into a law, most of these lapses will be corrected.’’

Report by: Ibrahim Ismaila Ahmed, NTA Online Editor

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