The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced that outstanding collectible revenues due to the Federal Government in the oil and gas industry as of June this year have risen to over $6.071 billion and N66.4 billion, respectively. Chris Ochonu, Assistant Director, Communications and Stakeholders Management, said this in a statement. He noted that these figures were among crucial information and data contained in NEITI’s 2022 and 2023 Independent Oil and Gas Industry Report, released today in Abuja. According to the report,a breakdown shows that the outstanding liabilities were…
Read MoreOil Companies Owe Govt $6bn, N66bn – Report
