FG appoints KPMG, PWC to audit NNPC, other revenue generating agencies

The Federal Government has appointed international audit firms, KPMG and PriceWaterhouse Cooper, to conduct comprehensive audit of the accounts of the Nigerian National Petroleum Corporation (NNPC) and other revenue generating agencies from 2012 to 2015.

Edo state governor, Adams Oshiomole announced this after the second meeting of the National Economic Council (NEC) in Abuja today August 13th.

“The probe will now cover value for expense as the affected agencies will be made to account for things expended on at their correct value. This is about making Nigeria work for the benefit of other Nigerians and we have to bear in mind that governments are not run on the basis of collection of crude oil but government regardless of colour or political affiliation is run on race and so if you have tax generating agencies that are not remitting taxes government cannot run like that" he told state house correspondents