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The Nigerian National Petroleum Company Limited (NNPCL) will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI)
The Nigerian National Petroleum Company Limited (NNPCL) has denied reports that it failed to remit $15 billion in oil revenues accrued to the Federation’s account. The Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, made this statement in response to the 2021 report by the Nigeria Extractive Industries Transparency Initiative (NEITI).
NNPC has said it is working with relevant parties in the reconciliation committee set up by President Tinubu to investigate, review and reconcile allege indebtedness
The Nigerian National Petroleum Company Limited (NNPCL) will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Reconciliation Committee set up by President Bola Tinubu to investigate, review and reconcile the financial records on alleged indebtedness to the Federation by both NNPC Limited and Federation Accounts Allocation
The Senate Thursday ordered the Nigerian Upstream Petroleum Regulatory Commission ( NUPRC ), to restore the Atala Marginal Oil field ( OML 46) to its former owners.