President Goodluck Jonathan has received the Forensic Audit report on the Nigerian National Petroleum Corporation (NNPC) from auditing firm Pricewaterhouse Coopers.

He said that the report would help to address the lapses in the oil industry and help the administration to address misconceptions in the industry. “The figures being branded in the newspapers are ones that Nigerians will be interested in.

“Indeed, you mentioned the issue of the reforms in the sector. Everybody knows that the sector needs to be reformed and I believe that by the time we go through the petroleum industry bill and make it a law, most of these lapses would be corrected and the misconceptions will be properly addressed by the different administrative structures.

“I thank you for what you have done. It will help us, it will help this country to set things right. We will handle it decisively based on the information that we have…”

Credit: NAN