Unremitted funds

$22.06bn, N481.75bn not remitted to Federation Account between 1999-2015, says NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI) says that the 22.06 billion dollars and N481.75…

Nigeria moves to recover $3bn tax from Chinese – owned Addax Petroleum

The Nigerian government has commenced legal proceedings against the Chinese-owned oil firm, Addax Petroleum Development…

FG loses N1.69tn to under remittance by CBN, NCC, others

A Senate Ad Hoc Committee has revealed that 25 agencies have short changed the Federal…

FG to recover unremitted N450bn from MDAs

The Federal Ministry of Finance has constituted a committee to recover unremitted operating surpluses of…