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Wednesday 29 November 2017

DPR denies diverting $950m royalty funds

DPR denies diverting $950m royalty funds

OpeOluwani Akintayo 29 November 2017, Sweetcrude, Lagos – The Department of Petroleum Resources, DPR, has denied allegation that it failed to remit and diverted the sum of $950 million royalty payment to the Federation Account, describing the allegation as “erroneous and misleading”. Recent reports claiming to have drawn its information from the outcome of the meeting …

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