So, we have new figures to associate with the Nigeria National Petroleum Corporation (NNPC) today.

The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Hajiya Zainab Shamsuna-Ahmed on Wednesday said that the state run oil company isn’t able to account for some 160 million barrels of crude valued at $13.7bn which accrued to it between 2009-2012.

She also said that subsidy payment from 2005 to 2012 indicated that $11.63bn had been paid to the NNPC but that “there is no evidence of the money being remitted to the federation account.”

She added that “Crude product swap of $866m was lost from 2009 to 2011 and $8243m in 2012. Total amount expended in subsidy payment from 2005 to 2012 as captured $11.63bn have been paid to the NNPC. However, there is no evidence that these amounts were remitted to the Federation Account.”

Hajiya Shamsuna-Ahmed was visiting Kaduna State Governor Nasir Ahmad El-Rufai when she made the disclosures. The latter had famously said “if Nigeria doesn’t kill NNPC, NNPC will kill Nigeria”.

“Since, I called for the death of NNPC, the corporation has sponsored articles attacking me, but I am telling them my skin is thicker than an elephant,” El-Rufai said.

He added that “NNPC has become a monster that is too powerful. I will continue to fight NNPC till it dies for Nigeria to survive”.