New Nigerian Leaders to Meet Anti-Corruption Watchdog Head

Nigeria's new leaders will meet the head of a leading global watchdog on corruption to see how billions of dollars in oil revenue leakage can be curbed. The head of Oslo-based the Extractive Industries Transparency Initiative is expected to meet Nigeria's president or vice president this week, its local arm said on Monday. The executive secretary of EITI's Nigerian arm said last week that over $7.5 billion between 1999-2011 still needed to be recovered from oil and gas companies in Nigeria. Central bank governor Lamido Sanusi was sacked under former president Goodluck Jonathan after he said that up to $20 billion in oil revenues between 2012 and 2013 had not been remitted to the government by the state oil company NNPC.