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

Pages: [1] Go Down

Topic: NEITI Exposes NPDC’s Failure to Remit $4.9bn to Federation Account (Read 1539 times)

0 Members and 1 Guest are viewing this topic.

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

-----
post culled from thisdaylive

Logged

Pages: [1] Go Up

« previous next »

Related Topics

Subject / Started by	Replies	Last post
RMAFC recovers over N704.2bn into Federation Account Started by flukky-1 Newspaper Board	0 Replies 1587 Views	December 01, 2015, 07:01:41 AM by flukky-1
NNPC pays N69 Billion to Federation Account – report Started by flukky-1 Newspaper Board	0 Replies 1601 Views	May 08, 2016, 07:00:24 PM by flukky-1
Federation Account allocation dips by N31.8b in October Started by thenation Newspaper Board	0 Replies 1503 Views	November 21, 2016, 01:01:24 AM by thenation
NEITI: NDDC Got $1.98bn in Seven Years, Can’t Account for N7.4bn Project Funds Started by thisday Newspaper Board	0 Replies 1509 Views	February 07, 2017, 01:01:21 PM by thisday
Whistle-blower exposes N8.4b fake bank account Started by thenation Newspaper Board	0 Replies 1679 Views	February 22, 2017, 01:01:59 PM by thenation
NEITI: NPDC Can’t Operate Oil Blocks Ceded to It Profitably Started by thisday Newspaper Board	0 Replies 973 Views	April 25, 2017, 01:04:01 AM by thisday
NEITI: NNPC Failed to Remit N998bn Oil Proceeds in 2014 Started by thisday Newspaper Board	0 Replies 1223 Views	April 24, 2018, 01:07:23 AM by thisday
Niger, Mali, B’Faso withdrawal exposes ECOWAS failure to unite W’Africa Started by olutee Newspaper Board	0 Replies 783 Views	February 03, 2024, 01:08:04 PM by olutee
NNPC fails to remit N13.7tn into Federation account Started by flukky-1 Newspaper Board	0 Replies 260 Views	February 22, 2025, 01:07:03 AM by flukky-1
SERAP asks NNPCL to account for N500bn not remitted to Federation Account Started by flukky-1 Newspaper Board	0 Replies 181 Views	May 20, 2025, 01:03:20 PM by flukky-1