of the Auditor General of the Federation (AuGF) to conduct a forensic audit into the allegations. Among the conclusions reached by PwC at the end of their work, as stated in their report, which was made public are: 1. Total cash remitted into the Federation accounts in relation to crude oil liftings was $50.81bn and NOT $47bn as earlier stated by the Reconciliation Committee for the period from January 2012 to July 2013. 2. NNPC has provided information on the difference leading to a potential excess remittance of $0.74 billion (without considering expected remittances from NPDC). Other indirect costs of $2.83 billion which were not part of the submission to the Senate Committee hearing have been defrayed to arrive at this position. 3. A major consideration centres on the ownership of oil and gas assets controlled by NPDC. Subject to additional information being provided, we estimate that the NNPC and NPDC should refund to the Federation Account a minimum of $1.48billion as summarised in the next page. No staff of the NNPC or Ministry of Petroleum has so far been punished, though on Thursday, 20 February 2014, the whistle-blowing CBN Governor was suspended from office by the President. Unremitted funds (2016) An official audit reported in March 2016 that the NNPC had failed to pay . References External links Oil and gas companies of Nigeria Government-owned companies of Nigeria Nigeria Energy companies established in 1977 Non-renewable resource companies established in 1977 1977 establishments in Nigeria Economy of Abuja