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

By News Express on 27/04/2015

Views: 2,140


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

 

 

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