Money Will be Ready in November – Ngozi Okonjo-Iweala

Audit Into Unacccounted $10.8 billion Oil Money Will be Ready in November – Ngozi Okonjo-Iweala

Recall the $10.8 billion oil money which couldn’t be accounted for? Yeah, Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, has assured Nigerians that the report of the audit will be ready in November.

Speaking at the Financial Times Africa Summit 2014, with the theme: “Consolidating the Continent’s Rise,” in London, United Kingdom, on Monday, Okonjo-Iweala said:

“Initially, it was $48 billion, then $20 billion, but the figure we have always had is $10.8 billion. I am minister of finance, if money is missing, I want to use it for good things for the country and that was why when we went to the Senate, we demanded for forensic audit, the president supported it and asked for it to be done
“We engaged PwC with the Auditor General taking the lead. They initially asked for 16 weeks to complete the work, already, 11or12 weeks had gone so far and they will be done in a couple of weeks,”.