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“It will interest you to note that a conservative investigation has revealed monumental losses to the government and the people of Nigeria in excess of about N15bn as a result of under-leases, unauthorised sales, misappropriation of funds, abuse of process and outright negligence.”

“Over the last three years or so, oil producing countries across the world have experienced the full impact of the drop in oil prices, with significant negative impact on government revenues and budgets and of the value of national currencies.”