107.239 million barrels of crude oil missing from 2019 ― Auditor General

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The office of the Auditor General for the Federation has said that the defunct Nigeria National Petroleum Corporation (NNPC) now NNPC Limited failed to account for about 107,239,436.00 barrels of crude oil lifted for domestic consumption in 2019.

The AuGF, in a report, also said that available records from performance report of two depots revealed that about 22,929.84 litres of PMS valued at N7.06 billion pumped to the two depots (Ibadan-Ilorin and Aba-Enugu) between June and July 2019 were not received by the depots.

This revelation formed part of six audit queries from the AuGF as contained in the Federal Government of Nigeria consolidated financial statements for the year ended…



Source: Nigerian Tribune