I'll Probe NNPC Missing $20 billion - Buhari

General Muhammadu Buhari

General Muhammadu Buhari, Nigeria’s President-elect says that his administration would revisit the allegation made by the former CBN Governor, Sanusi Lamido, that about 20billion dollars oil revenue was not remitted into the federation account.

Retired General Buhari stated this while receiving politicians from Adamawa State.


The President-elect, who spoke in Hausa language at the meeting, said that 20billion dollars is too huge a sum to ignore and must be investigated.

Retired General Buhari also said that the All Progressives Congress, APC, has drawn up a road map to address the issues of insecurity, youth unemployment and corruption in the country.

Sanusi had told the Senate Committee probing the allegation of unremitted funds, that the NNPC shipped 67billion dollars in crude and only 47 billion dollars had come back to the Federation.


The then CBN Governor insisted that the NNPC had to proof where the 20billion dollars was.

The Nigerian National Petroleum Corporation, NNPC, at the time dismissed the allegation, calling it baseless.

A forensic audit was also conducted by PriceWaterhouseCoopers (PWC) on the alleged missing 20billion dollars, the report of which the Group Managing Director of the NNPC said did not indict the corporation in anyway.



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