$6b Oil Debt

The Nigeria Extractive Industries Transparency Initiative, NEITI, says it is collaborating with the Economic and Financial Crimes Commission, EFCC, to recover $6 billion and 66 billion naira in oil debt owed to the federal government. NEITI's Executive Secretary, Orji Ogbonnaya who stated this in Abuja when he appeared before the House of Representatives Committee on Petroleum Resources, Upstream said NEITI is committed to ensuring transparency in the oil, gas and […]