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Sunday, 11 February 2018

Nigeria: Eight firms yet to remit $66m gas royalty

Nigeria: Eight firms yet to remit $66m gas royalty

Ike Amos 11 February 2018, Sweetcrude, Abuja — Eight oil and gas companies failed to remit $65.57 million royalty on their gas output to the Federal Government in 2015, according to the latest audit report by the Nigeria Extractive Industry Transparency Initiative (NEITI). NEITI, in its 2015 Oil and Gas industry Audit Report, listed the …

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