A
total of 222,437,870 barrels of crude oil was unaccounted for by the Nigerian
government in the period between 2004 and 2014, a report by the watchdog ,
Nigeria Extractive Industry Transparency Initiative (NEITI) has revealed.
At
an average cost of $100 per barrel over the period, the country is estimated to
have lost a total sum of $22 .04 billion, owing to her inability to account for
the said volume of oil between 2004 and 2013.
This
revelation is coming on the heels of the