Nigeria: Reps Probe Alleged Misappropriation of U.S.$67 Billion Foreign Reserve

31 January 2013

The House of Representatives has resolved to investigate the Federal Government's alleged squandering of $67 billion in the last six years.

The alleged squandered sum comprised Nigeria's foreign reserves which stood at $45 billion as well as the excess crude fund which stood at $22 billion as at 2007.

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