ABUJA, Nigeria – Minister of Finance and Coordinating Minister for the Economy, Wale Edun has disclosed plans by the Federal government to audit the accounts of the Nigerian National Petroleum Company Limited (NNPCL).
Edun disclosed this after the release of the latest World Bank Nigeria Development Update on Wednesday in Abuja.
While insisting on the necessity for rigorous scrutiny, Edun stressed the government’s eagerness to ensure revenue inflows from the NNPCL and other revenue generating agencies.
“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,” the minister said.
