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Nigeria’s National Petroleum Corporation Spent Trillions Illegally

AFRICANGLOBE - Nigerian National Petroleum Corporation (NNPC) spent nearly half of the money it earned in three years and remitted the other half to the federation account, it was revealed yesterday. The corporation earned N8.1trn from crude oil sales from 2012 to 2015, withheld N3.8trn and paid only N4.3 trillion to the national treasury.

Missing $20 Billion – Nigeria Approves Forensic Audit Of Corrupt Oil...

AFRICANGLOBE - Nigeria's Federal Government may soon commence the forensic audit of the accounts of the Nigerian National Petroleum Corporation, NNPC, as President Goodluck Jonathan has approved the engagement of reputable international firms to handle the exercise.