Four Months after former President Goodluch Jonathan directed the Nigerian National Petroleum Corporation to refund $1.48bn (N291.56bn) into the Federation Account, the corporation has yet to do so.
Speaking this week shortly after this month’s Federation Account Allocation Committee (FAAC) meeting, the Permanent Secretary, Federal Ministry of Finance, Mrs. Anastacia Nwaobia, said no such amount had been refunded as directed by Jonathan.
She said, “On refund from the NNPC, that was not discussed but you can see that from the breakdown, we have a refund of what we have been expecting from the NNPC to the Federal Government. We had a refund of about N6.33bn”.
“The refund that you are asking about, maybe it is a fallout of the forensic audit; that has not been done. The forensic audit is still being considered and I am sure that when a decision is taken, it will be communicated and you will have that information” she added