A N2 trillion unremitted revenues’ racket has rocked the Department of Petroleum Resources (DPR), watchdog for the Nigeria’s oil industry. The oil and gas industry regulator raked in N2.4 trillion in 2019 but only remitted N44 billion, leaving behind N2 trillion for personal use, according to a document from the Nigeria’s Senate. The upper legislative house, which has begun a probe of this racket has barred Agency’s Director, Sarki Auwalu from appearance before it through proxy as probe of N2.4trn revenues continued on Tuesday. The Senate has penultimate Friday…
Read MoreN2trn unremitted revenues’ racket rocks Nigerian oil industry regulator, DPR
