NewsExpress banner Firstbank Verve banner Fidelity bank card banner Umm Sulaim's Thoughts Camano banner

Jonathan bows to pressure, approves forensic audit of NNPC’s accounts over alleged missing $20B

By News Express on 12/03/2014

Gmail icon

Views: 3,520

The Nigerian leader, Dr. Goodluck Jonathan, has bowed to pressure and approved the hiring of foreign auditors to undertake a forensic examination of the accounts of the Nigerian National Petroleum Corporation (NNPC).

Presidential spokesman Reuben Abati disclosed this in a statement he issued in Abuja this evening.

“In keeping with its avowed commitment to full transparency, openness and accountability in governmental affairs, the Federal Government has authorized the engagement of reputable international firms for the recommended forensic audit of NNPC accounts,” Abati said.

It is not clear when the order was given and if any deadline has been set for it.

News Express reports that there has been an undying clamour for the forensic audit of NNPC’s accounts following the allegation by suspended Governor of the Central Bank of Nigeria (CBN), of Mallam Sanusi Lamido Sanusi, that billions of dollars in oil revenue was not remitted to the federation account.

Sanusi first put the allegedly missing sum at $49.8 billion but later accepted the reconciled figure of $12 billion before saying it was $20 billion.

Source News Express

Posted 13/03/2014 05:03:01 AM





You may also like...
Oil prices jump, Brent hits approximately $70

Buhari, APC House of Reps members meeting ends...

Kidnap kingpin arrested inside aircraft opens up in...

World Cup draws: Super Eagles avoid Ivory Coast,...

No hiding place: Obiano unleashes drones on kidnappers,...

Boko Haram abducts wife of Cameroon’s Deputy Prime...

Senate expresses outrage over murder of Oyo lawmaker,...

Okowa forwards 12 commissioners' names for approval

2019: Wike difficult for APC to beat in...

Jonathan and Sanusi: Sarki Goma, Zamani Goma…, by...

Eagles back from the dead, whip hosts Congo...

I used to be a DJ —APC National...


Latest News Biafra Agitation: Avoid British mistake in Northern Ireland, Ohakim warns political leaders Minimum wage: Governors move to meet Dec 31 deadline Sharia Palaver: CAN demands immediate sack of CJN •Says more Sharia contents in Constitution provocative, unacceptable Leah Sharibu confirmed alive! Obaseki, Oshiomhole feud tears APC apart Rule of Law: World Igbo Congress descends on Buhari, Osinbajo Former governors in the eye of the storm US gives Biya 72 hours to withdraw troops from Anglophone Region Yuletide: Enugu Government approves 13th month salary, as civil servants receive Dec. pay New Emirates split Kano elders Police parade 48 suspected cultists, kidnappers, others in Edo FG to disconnect Benin, Togo over $16m power supply debts


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (572,971 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (457,092 views) Shameless Genevieve Nnaji exposes breasts in public (407,105 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (341,850 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (308,356 views) 10 cars more expensive than Jets (293,059 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (261,585 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (260,859 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (242,280 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (228,690 views) Lagos plane crash: Journalist releases victims’ names (204,368 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (200,680 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (112) Business & Economy (4,624) Business Verdict (89) Columnists (1,158) Complaints & Requests (98) Enterprise & Opportunities (221) Entertainment (719) Features (855) Global Business Monitor (499) ICT Monitor (73) International (4,327) Interview (220) Live Commentary (30) Love Matters (179) Maggie's Blog (520) News (55,293) Opinion (1,441) Pidgin (18) Politics (11,895) Religion (1,133) Sports (2,257) Stock Watch (41) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera