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NEITI: NNPCL didn’t remit $1.9bn to Federation Account in 2021

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The Nigerian National Petroleum Corporation Limited (NNPC) didn’t remit $1.9billion to the government’s account at the end of 2021.

This is according to the audit report of the Nigeria Extractive Industries Transparency Initiative (NEITI).

Daily Trust reports that NEITI publishes a yearly audit of the oil, gas, and solid minerals sector.

Speaking at the unveiling of the report in Abuja on Monday, Ogbonnaya Orji, head of NEITI said the organisation “discovered this information and felt it was important that the public knows about it.”

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