Missing $20 billion: Jonathan never nailed NNPC – Abati

President Goodluck Jonathan never confirmed that Nigeria’s state owned oil company, NNPC, withheld $10 billion from the Federation Account, the presidency has said.

The spokesperson to Mr. Jonathan, Reuben Abati, said in a statement on Tuesday that media reports that the president confirmed the ‘missing’ funds were untrue.

The NNPC has been enmeshed in allegations of failing to remit $20 billion to the federation account as constitutionally required; money believed to have been stolen. Read more

 

About Author: Integrity Org

Integrity Organization is committed is an anti-corruption, research and advocacy organization. Its activities are centered on the aim to reduce the tolerance for corruption in Nigeria.

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