More heads to roll soon as The National Economic Council’s ad-hoc committee on the management of the Excess Crude Account proceeds and accruals into the Federation Account on Thursday said it had hired two firms, the KPMG and the PriceWaterHouseCooper, to audit the accounts of all Federal Government’s revenue-earning agencies.
Governor Adams Oshiomhole of Edo State, who chairs the committee, disclosed the agencies whose accounts would be audited as the Nigerian National Petroleum Corporation, the Central Bank of Nigeria, Securities Exchange Commission, Nigerian Maritime Administration and Safety Agency, Department of Petroleum Resources, Federal Inland Revenue Service, Nigeria Customs Service, the Nigerian Petroleum Development Company, Revenue Mobilisation Allocation and Fiscal Commission, Nigeria Extractive Industry Transparency Initiative, Federal Ministry of Finance and Office of the Accountant-General of the Federation, among others.Choi
He also noted that the KPMG confirmed to the committee that it declined to carry out the exercise under Jonathan because of the political environment at that time.
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