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Tag: NNPC
DPR indicts NNPC, accuses state oil firm of violating several Nigerian laws
June 6, 2018
The Nigerian National Petroleum Corporation’s refusal to make separate payments for royalty and petroleum profit tax (PPT) on joint venture assets held on behalf of the federal government violates several petroleum industry regulations and laws, ...
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Reps probe ‘mismanagement’ of $22bn LNG project set up under Obasanjo
June 1, 2018
The house of representatives on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the implementation of the Brass Liquefied Natural Gas project. The resolution was sequel to a motion raised by Kingsley ...
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NNPC, NPA, FIRS, others failed to remit N526bn, $21bn –NEC
May 18, 2018
Eighteen Federal Government’s revenue generating agencies failed to remit N526bn and $21bn into the Federation Account between 2010 and June 2015, an audit commissioned by the National Economic Council has revealed. The Minister of Finance, ...
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