‘NNPC has not reconciled $10 Billion’: President Jonathan Says FG Has Ordered...

‘NNPC has not reconciled $10 Billion’: President Jonathan Says FG Has Ordered A Forensic Audit

By Salisu Sulaimon | Sub-Editor on March 25, 2014
Nigeria's President Goodluck Jonathan speaks during a session at the annual meeting of the World Economic Forum (WEF) in Davos January 22, 2014. (Photo Credit: REUTERS/Denis Balibouse)

President Goodluck Jonathan on Monday, March 24, 2014 admitted that there had been irregularity in the accounting system of Nigeria National Petroleum Corporation (NNPC).

Speaking in Amsterdam, Netherlands where he engaged the Nigerian community in an interactive session, Jonathan confirmed $10 billion had  not been reconciled by the NNPC which was discovered by Ministry of Finance, saying this culminated into the  ordering of a forensic audit of the corporation.

The President however  assured that his administration would resolve problems and challenges that had led many to believe that the country is not abreast of the exact amount of oil pumped  into the market on a daily.




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