Business Nigeria: Fresh N3.2tn Discrepancy Uncovered in NNPC

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The Office of the Auditor General of the Federation has uncovered fresh discrepancies in several MDAs in the nation under the regime of the Goodluck Jonathan administration, Punch reports.

This was contained in the 2014 Annual Audit Report presented to the National Assembly on Monday by the office of the Auditor General of the Federation.

According to the document, the Nigerian National Petroleum Corporation did not remit N3,234, 577,666,791.35 to the Federation Account Allocation Committee in 2014.

Apart from this, the report stated that $235,685,861, being gas sale proceeds accruable to the Nigeria Liquefied Natural Gas, was also not paid to the federation account, but rather, transferred to some undisclosed Escrow Accounts.


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