• Friday, June 14, 2024
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AUDIT REPORT: NPDC to refund $1.48bn to the Federation Account

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The forensic audit report done on the Nigeria National Petroleum Corporation (NNPC)  account as indicted the state-owned firm for various questionable transactions.

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The report, done on behalf of the Federal Government by PriceWaterHouseCoopers, recommended that the Nigerian Petroleum Development Company (NPDC), the upstream subsidy of the NNPC should refund about $1.48 billion to the Federation Account .

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