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NAOC, NPDC yet to remit N23bn, $401m, four years after — NEITI

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NAOC, NPDC yet to remit N23bn, $401m, four years after — NEITI

Ike Amos 25 April 2018, Sweetcrude, Abuja — Nigeria Extractive Industries Transparency Initiative, NEITI, has revealed that Nigerian Agip Oil Company (NAOC) and the Nigerian Petroleum Development Company (NPDC) are yet to remit N23.05 billion and $401.373 million to the Federation Account for infractions recorded in its 2014 audit. Giving a breakdown of the figure, …

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NAOC, NPDC yet to remit N23bn, $401m, four years after — NEITI NAOC, NPDC yet to remit N23bn, $401m, four years after — NEITI Reviewed by Crude Oil Facilitators on 12:00 Rating: 5

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