
Co— ordinating Minister for the Economy and Minister of Finance, Dr. Ngozi OKonjo-Iweala has said the audit report on the $10.8 billion unaccounted oil money would be ready at the end of this month.
Okonjo-Iweala who spoke at the Financial Times Africa Summit 2014 with the theme: Consolidating the Continent’s Rise, in London yesterday, said the huge attention the $10.8 billion had generated necessitated the appointment of Price Water House Coopers to carry out a forensic audit which should be ready ending of this month.
According to her, “Initially it was $48 billion, then $20 billion, but the figure we have always had is $10.8 billion. As the Minister of Finance, if money is missing, we should find out what happened to it and that was why when we went to the Senate to demand for forensic audit, the President supported it and gave us the go ahead.
“We engaged PwC with the Auditor-General taking the lead. They initially asked for 16 weeks to compete the work, they have spent 12 weeks so far and they will be done in a couple of weeks.”
On Ebola
On Ebola, the Minister appreciated the efforts of President Goodluck Jonathan at containing the virus from getting out of control.
She said: “Nigeria did a great service by....