The National Security Adviser (NSA), retired Maj.-Gen. Babagana Monguno, on Tuesday, inaugurated 11-man Special Investigative Panel on Oil Theft and Losses in Nigeria.
The panel is chaired by the Interim Administrator of, the Presidential Amnesty Programme, retired Maj.-Gen. Barry Ndiomu has seasoned administrators and retired top military and police officers as members with Mr. David Attah as Secretary.
During the inauguration of the panel, Monguno said Nigeria was currently facing a monumental loss of revenue that ought to have accrued from the sale of crude oil, being the main source of its foreign exchange earnings.