Tag Archives: Unaccounted

Nigeria: At Least N11.56 Trillion Excess Crude Fund Unaccounted for in Eight Years

By Joshua Olufemi and Richard Akinwumi At least N11.55 trillion or $ 84.52 billion expected revenue into the coffers of the nation’s Excess Crude Account for the eight-year period from 2007 to 2014 are unaccounted for, according to findings by PREMIUM TIMES based on now available data from multiple government agencies not made public until […]

Nigeria: Unaccounted U.S.$49.8 Billion – Senate Rejects Recommendation On Fuel Subsidy Removal

Almost six weeks after the Senate Committee on Finance submitted its report on the allegation made by the former Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, on the non-remittance of oil revenue to the Federation Account by the Nigerian National Petroleum Corporation (NNPC), the Senate yesterday deliberated on the report […]

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