This is what they told us:
"That all parties, i.e. CBN, NNPC, Ministry of Finance
and Ministry of Petroleum Resources had resolved through reconciliation
undertaken by them that $47billion had been received into the Federation
Account out of the total oil lifting valued at $67billion between January 2012
and July 2013."
.....Report of the Senate Committee on Finance on the
missing $20billion
"We at the Ministry of Finance have for two years been
reconciling these figures with the NNPC to know what they are supposed to remit
to the Federation Account. Our feeling is that the only way is to have a
forensic audit that would let Nigerians know the issue. There is a forensic
audit that the government has approved and it is being done by
PricewaterhouseCoopers (PwC) under the supervision of the Auditor General for
the Federation and they said they need 12 to 16 weeks to do that and all these
would be clarified.”
...Minister of Finance, Ngozi Okonjo-Iweala, at the 24th
World Economic Forum on Africa in May.
“Initially, it was $48bn, then $20bn; but the figure we have
always had is $10.8bn. I am the Minister of Finance; if money is missing, I
want it – to use it for good things for the country and that was why when we went
to the Senate; we demanded for forensic audit. The President supported it and
asked for it to be done. We engaged PwC with the Auditor General of the
Federation taking the lead. They asked for 16 weeks to complete the work; they
have spent 11 or 12 weeks so far and they will be done in a couple of weeks.”
....Okonjo-Iweala, at the Financial Times Africa Summit 2014
in London on October 6th.
Nigerians demand the report of the forensic audit on the
missing $20b or $10.8b (according to NGO).
They told us 16 weeks (4 Months) Now it is over 24 weeks (6
Months) SO WHY THE DELAY?
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