By Louis Achi
The Minister of Finance & Coordinating Minister for the Economy, Olawale Edun has disclosed that plans were under way to audit the accounts of the Nigerian National Petroleum Company Limited (NNPCL).
Edun said that despite recommendations by the last two ministers of Finance for an audit of the company, the exercise failed to hold.
Edun spoke at the release of the latest World Bank Nigeria Development Update in Abuja.
He said: “There will be earnest scrutiny and I am sure NNPCL is getting ready for that. We want revenue to come into the government coffers from NNPC and all other revenue agencies.
“The last two ministers of Finance, namely, Mrs. Kemi Adeosun and Mrs. Zainab Ahmed publicly said that the accounts of the NNPCL would be looked into, but there has been no report of such audit made public.”
TheNewDiplomat had reported that mounting public pressure had, Wednesday, compelled NNPCL’s GCEO Mele Kyari to disclose to the that the organization had remitted N4.5trn into the federation account by October, 2023.
