The oil blocks account for about 2.2 billion barrels of crude worth about $5 billion or N840 billion
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The minister was alleged to have wasted N10 billion on the arbitrary charter and maintenance of a Challenger 850 airplane for unofficial use
The minister made the accusation after an unscheduled inspection of 15 filling stations in Surulere, Ikoyi, Ajah and Iponri areas of Lagos State
The Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, had raised the allegation of the missing money in a letter to President Goodluck Jonathan