Wednesday, 29 April 2015

Nigeria oil firm overpaid Goodluck Jonathan's government

Nigerian President Goodluck Jonathan (C), accompanied by his wife Patience (R), Vice President Namadi Sambo, waves to the crowd before their declaration in Abuja on 18 September 2010
An audit has found that Nigeria's state oil company overpaid the government $750m (£490m), but also found it had not properly accounted for $1.48bn.
The financial report follows allegations in 2013 by then-central bank chief Lamido Sanusi that the firm had failed to account for about $20bn.
It caused a huge uproar in Nigeria, forcing President Goodluck Jonathan to order an independent audit.
His office released the findings as he prepares to step down in a month.

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