NEITI Exposes NPDC’s Failure to Remit $4.9bn to Federation Account

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NEITI Exposes NPDC’s Failure to Remit $4.9bn to Federation Account

« on: January 12, 2017, 07:00:46 PM »

NEITI Exposes NPDC’s Failure to Remit $4.9bn to Federation Account

Omololu Ogunmade in Abuja The Nigeria Extractive Industry Transparent Initiative (NEITI) yesterday told the Joint Senate Committee on Petroleum (Upstream, Downstream) and Finance that the Nigeria Petroleum Development Company (NPDC) failed to remit a whopping $4.977 billion to the federation account between 2010 till date. The group, which said the figure included $3.277 + $1.7 […]
Source: NEITI Exposes NPDC’s Failure to Remit $4.9bn to Federation Account

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post culled from thisdaylive

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