Wednesday 24 June 2015

NNPC YET TO REMIT $1.48BN INTO FEDERATION ACCOUNT –FG

NNPC yet to remit $1.48bn into Federation Account –FGFour Months after former President Goodluch Jonathan directed the Nigerian National Petroleum Corporation to refund $1.48bn (N291.56bn) into the Federation Account, the corporation has yet to do so.
An international audit firm, PricewaterhouseCoopers, was last year hired to carry out a forensic audit of the corporation following an allegation by the former Governor of the Central Bank of Nigeria, Lamido Sanusi, that $49bn was not remitted to the Federation Account by the NNPC.

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