Nigeria, April 24 -- Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Wednesday announced that a forensic audit of the Nigerian National Petroleum Company (NNPC) is underway.

Mr Edun made the disclosure at an Investors' Forum held on the sidelines of the World Bank/IMF meetings holding in Washington D.C.

Earlier in the month, President Bola Tinubu sacked the board of the NNPC including its former Group Chief Executive Officer, Mele Kyari, and board chairman Pius Akinyelure.

Mr Kyari was first appointed NNPC chief by former President Muhammadu Buhari but was reappointed in 2023 by President Tinubu.

The president consequently appointed a new board including a new GCEO.

"The new 11-man board has Engi...