Nigerian State Oil Firm Owes Govt Billions

The 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.

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Nigeria: NEITI - NNPC Withholds N1.95 Trillion in Three Years

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 »

Photo: Vanguard

Nigerian National Petroleum Corporation cartoon.

Nigeria: NEITI Report - NNPC Cornered N2.1 Trillion Oil Proceeds in Two Years

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 »
Nigeria: NNPC Owes FG N1.3 Trillion, Says NEITI - To Probe Sharp Rise in Fuel Subsidy Bill

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 »
Nigeria: NNPC Yet to Remit N1.305 Trillion to Federation Account - NEITI Report

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 »

InFocus

Nigerian Govt Owes State Oil Firm U.S.$8.1 Billion

An official says the Nigerian government owes Nigerian National Petroleum Corporation more than U.S.$8.1 billion in subsidy payments. Read more »
- Nigeria: FG Owes NNPC U.S.$8.1 Billion in Subsidy
- Nigeria: House Summons NNPC Over N7 Billion Revenue Shortfall

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Nigerian State Oil Firm Owes Govt Billions

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