Unremitted gas royalty, flare penalty hit $1.4bn – NEITI

The Nigeria Extractive Industries Transparency Initiative, on Thursday, said its most recent report on the oil and gas sector showed that the total unremitted revenue of gas royalty payments and unpaid gas flare penalties was about $1.4bn. NEITI’s Executive Secretary, Ogbonnaya Orji, disclosed this in Abuja at a roundtable event organised by BudgIT Foundation, a

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