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President Goodluck Jonathan has said he will correct all
lapses in the oil sector after he received the Forensic Audit report on
the Nigerian National Petroleum Corporation (NNPC) from the
international auditing firm, Water House PM News reports.
The President explained that the report would help to address the problems the oil sector is facing in Nigeria and help his administration to address the fallacies in the industry.
“Everybody knows that the sector needs to be reformed and I believe that by the time we go through the petroleum industry bill and make it a law, most of these lapses would be corrected and the misconceptions will be properly addressed by the different administrative structures.
“I thank you for what you have done. It will help us, it will help this country to set things right. We will handle it decisively based on the information that we have.
“Based on the preliminary information, Nigerians need not be so scared about the kind of stories that we hear.” Jonathan is quoted as saying by PM News
Jonathan asked the Auditor-General of the Federation, Samuel Ukura, to look into the report and release major findings to the government within the week. He also told him to liaise with the firm to clear any grey areas in the report.
President Jonathan thanked the audit firm for turning in the report
on time and for clarifying the issues in the petroleum ministry.
He observed that both chambers of the National Assembly had delved
into the matter in the past; and that with the report, the issue of
leakages in the petroleum industry would be laid to rest.
The president said that the kind of figures mentioned in the newspapers “looked so ridiculous”, noting that they were figures that he could not imagine the country earned.
“I am quite pleased that you have taken a forensic audit. I will give it to the professionals, the auditor-general of the federation, so that within the week we will get the key findings,” the president said.
The President also described the report as “a precious document” which could be used as future reference material to improve operations in the oil industry and for academic purposes.
In a related development, Former Governor of the Central Bank Of Nigeria, Charles Soludo criticized the administration of Jonathan and has been involved in a war of words with Minister of Finance very since his criticism.
The President explained that the report would help to address the problems the oil sector is facing in Nigeria and help his administration to address the fallacies in the industry.
“Everybody knows that the sector needs to be reformed and I believe that by the time we go through the petroleum industry bill and make it a law, most of these lapses would be corrected and the misconceptions will be properly addressed by the different administrative structures.
“I thank you for what you have done. It will help us, it will help this country to set things right. We will handle it decisively based on the information that we have.
“Based on the preliminary information, Nigerians need not be so scared about the kind of stories that we hear.” Jonathan is quoted as saying by PM News
Jonathan asked the Auditor-General of the Federation, Samuel Ukura, to look into the report and release major findings to the government within the week. He also told him to liaise with the firm to clear any grey areas in the report.
The president said that the kind of figures mentioned in the newspapers “looked so ridiculous”, noting that they were figures that he could not imagine the country earned.
“I am quite pleased that you have taken a forensic audit. I will give it to the professionals, the auditor-general of the federation, so that within the week we will get the key findings,” the president said.
The President also described the report as “a precious document” which could be used as future reference material to improve operations in the oil industry and for academic purposes.
In a related development, Former Governor of the Central Bank Of Nigeria, Charles Soludo criticized the administration of Jonathan and has been involved in a war of words with Minister of Finance very since his criticism.
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