NEITI: NNPC Failed to Remit N998bn Oil Proceeds in 2014

NEITI: NNPC Failed to Remit N998bn Oil Proceeds in 2014

. Indicts NIMASA over cabotage levy Ejiofor Alike Domestic crude valued at N2.45 trillion, about $15. 6 billion was sold in 2014 but only N1.44 trillion was paid into the Federation’s Account by the Nigerian National Petroleum Corporation (NNPC), resulting to an unreconciled and unremitted sum of N998 billion, according to the highlights of remedial […]

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Source: NEITI: NNPC Failed to Remit N998bn Oil Proceeds in 2014

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