Fidelity bank card banner Camano banner

Buhari to revisit NNPC’s ‘missing’ 20 billion dollars

By News Express on 27/04/2015

Views: 2,211

Nigeria’s President-elect, General Muhammadu Buhari, says that his administration would revisit the allegation made by the former CBN Governor, Sanusi Lamido, that about 20 billion dollars oil revenue was not remitted into the federation account by the Nigerian National Petroleum Corporation (NNPC).

He stated this while receiving delegates from Adamawa State.

The President-elect, who spoke in Hausa language at the meeting, said that 20 billion dollars is too huge a sum to ignore and must be investigated.

Buhari also said that the All Progressives Congress (APC) had drawn up a road map to address the issues of insecurity, youth unemployment and corruption in the country.

Sanusi had told the Senate Committee probing the allegation of unremitted funds, that the NNPC shipped 67billion dollars in crude and only 47 billion dollars had come back to the Federation.

The then CBN Governor insisted that the NNPC had to prove where the 20 billion dollars was.

The NNPC at the time dismissed the allegation, calling it baseless.

A forensic audit was also conducted by Price Waterhouse Coopers (PWC) on the alleged missing 20billion dollars, the report of which the Group Managing Director of the NNPC said did not indict the corporation in anyway.

•Sourced from Channels TV. Photo shows Buhari.

Source News Express

Posted 27/04/2015 04:09:46 AM





You may also like...
Indonesia sinks scores of boats to deter illegal...

Theatre of death: OVER 1,000 NIGERIANS MURDERED IN...

Shell, UBA sign $200m contractor support fund

Bayelsa Polls: APC governors, others shun Sylva’s campaign...

Certificate forgery: PDP candidate loses appeal against Kogi...

RUGA commences soon in Borno

Anambra 2017: Ubah’s suit a mere academic exercise...

Trees and beautiful environment, nature’s inestimable gift for...

21,878 apply for 10,000 Police jobs

RIGHTSView: Reflection on Adoke, MTN and litigation

CBN speaks on Sanusi’s suspension, assures stakeholders

CSOs petition AGF, frown at CCB’s ‘recalcitrant conduct’...


Latest News Terrorists ambush, kill 5 soldiers Meet Buhari’s Minister who rose from Messenger to the top Generator fumes kill couple Joint security panel worried over Wadume’s video I know nothing of Interior Ministry — Aregbesola PDP clears 34 aspirants for Kogi, Bayelsa Gov Primaries Travellers stranded as Nigeria suddenly shuts down Seme Border UNILAG graduate beats 15 contestants to get $1.5m LNI scholarship in AUB Dickson seeks international community’s support for credible Bayelsa governorship poll We must increase revenue or Nigeria slips into fiscal crisis — Finance Minister Workers jubilate as Amaechi returns to Transportation Ministry My agenda for stopping attacks on Nigerians in South Africa — Onyeama


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (529,457 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (438,780 views) Shameless Genevieve Nnaji exposes breasts in public (383,657 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (322,615 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (290,448 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (251,318 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (246,101 views) 10 cars more expensive than Jets (233,119 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (228,063 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (214,288 views) Lagos plane crash: Journalist releases victims’ names (193,143 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (191,030 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (98) Business & Economy (4,400) Business Verdict (79) Columnists (1,095) Complaints & Requests (95) Enterprise & Opportunities (215) Entertainment (648) Features (795) Global Business Monitor (420) ICT Monitor (58) International (3,851) Interview (198) Live Commentary (30) Love Matters (166) Maggie's Blog (383) News (50,260) Opinion (1,327) Pidgin (17) Politics (11,331) Religion (1,085) Sports (2,133) Stock Watch (39) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera