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    Kapital FM 92.9 The Station that Rocks!

oil and down

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Energy

Oil & Gas : Lack Of Transparency Hampering Nat’l Devt- Olukoyede

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has warned that lack of transparency, particularly in the country’s oil and gas sector, is harmpering national development and eroding public confidence. Ola Olukoyede described the financial reporting system as “deeply opaque,” with speculative earnings and poor oversight fostering inefficiency and corruption. Speaking at a National Conference on Public Accounts and Fiscal Governance in Abuja, Mr Olukoyede […]

todayJuly 9, 2025