House Of Reps Ask FG To Release Full Report Of Audit Over Missing $20bn Oil Money


Sequel to a motion raised under matters of public importance by the minority leader, Femi Gbajabiamila, APC, Surulere Federal Constituency, Lagos, the House of Representatives yesterday asked the Federal Government to release the full audit report of Price Waterhouse Coopers on the missing $20 billion in Nigeria National Petroleum Corporation, NNPC, for further investigations.

The minority leader in his submission, said: “The former governor of the Central Bank of Nigeria, CBN, Sanusi Lamido Sanusi had raised an alarm that $20bn oil was missing from our coffers”.

But before Gbajabiamila could continue, Leo Ogor, PDP Isoko Federal Constituency, raised a point of order pointing out that the minority leader erred in requesting the House to suspend the rule of the House, contrary to Section 48.

The presiding officer, Aminu Tambuwal, however, declared that Ogor was trying to overrule his earlier decision and ordered him to sit down for Gbajabiamila to continue.

The speaker said: “ The alarm raised then had generated a lot of agitation across the country which led to the engagement of Price Waterhouse Coopers by the Minister of Finance, Dr Ngozi Okonjo-Iweala, to carry out a forensic audit of the Nigeria National Petroleum Corporation, NNPC.

“The Federal Government should release the full report to all so that a further probe can be carried out on the issue.”



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