Discover and read the best of Twitter Threads about #NNPCaudit
Most recents (2)
It's now a sad case of if @NNPCgroup doesn't kill Nigeria, Nigeria will kill NNPC. The wastage and corruption in NNPC is an eyesore, the saddest part is if the govt. fail to fund NNPC, it will collapse!
{A SAD Thread}
#NNPCAudit
{A SAD Thread}
#NNPCAudit
In 2011, an audit report by KPMG revealed the agency couldn’t account for about 28.5 Billion dollars over deducted funds in subsidy claims.
#NNPCAudit
#NNPCAudit
In 2013, a controversial letter by Sanusi Lamido to Goodluck Jonathan, he claimed that NNPC had not remitted $49billion from crude oil sales.
#NNPCAudit
#NNPCAudit
A country like Nigeria, producing oil at 2 million barrels per day (BPD) & still having nothing to show for it is down to either bad/inadequate regulatory institutions & framework or witchery.
My bet is on the former
It's a thread
#NNPCAudit
My bet is on the former
It's a thread
#NNPCAudit
@Dataphyte analysed @NNPCgroup financial report & discovered that credit sales amounting #1.45 trillion made to its subsidiaries are still unpaid.
#NNPCaudit
#NNPCaudit
@Dataphyte went further to analyse the financial records of the 22 subsidiaries of the @NNPCgroup & revealed that 12 of them owes @NNPCgroup trillions of Naira.
#NNPCAudit
#NNPCAudit
