Nigerian State Oil Firm Owes Govt BillionsThe Nigerian National Petroleum Corporation is owing the government about U.S.$8.3 billions in earnings from 2009-2011, according to a report by the Nigerian Extractive Industry Transparency Initiative.
Daily Trust, 1 February 2013
The Nigerian National Petroleum Corporation (NNPC) owes the federation N1.95 trillion in oil and gas transactions it supervised between 2009 and 2011, a report by the Nigeria… Read more »
Nigerian National Petroleum Corporation cartoon.
Leadership, 1 February 2013
In a rather consistent trend, the 2009-2011 report of the oil and gas sector audit conducted by the Nigeria Extractive Industries Transparency Initiative (NEITI) has again revealed… Read more »
Vanguard, 31 January 2013
The Nigerian National Petroleum Corporation, NNPC, is owing the Federal Government about N1.3 trillion ($8.3 billion) in earnings from 2009-2011, according to a report by the… Read more »
Leadership, 31 January 2013
The Nigeria Extractive Industries Transparency Initiative (NIETI) says the NNPC has yet to remit N1.305 trillion to the Federation Account as at December 2011. Read more »
An official says the Nigerian government owes Nigerian National Petroleum Corporation more than U.S.$8.1 billion in subsidy payments. Read more »