Wed Mar 16, 2016/Reuters By Julia Payne Nigeria’s state oil company on Wednesday challenged official allegations that it had failed to remit 3.2 trillion naira ($16 billion) in revenues to the government in 2014 and said it only owed $1.64 billion. The auditor-general made the allegations in a report two […]
Tag: Auditor General
Auditor-General Says NNPC Failed to Remit $16 Billion Revenue in 2014
By InvestAdvocate Lagos (INVESTADVOCATE)- Samuel Ukura, the auditor-general of the Federation said on Monday that the Nigerian National Petroleum Corporation (NNPC) failed to remit $16 billion (N3.2 trillion) in revenues to the federal government in 2014, according to a Reuters report. This is the same year Lamido Sanusi, the then […]
PIB: Senate Pushes Bill to Subject Auditor-General Of The Federation To Financial Audit
The Senate is in the process of subjecting the Office of the Auditor-General for the Federation (OAuGF) to independent financial audit by auditors appointed by the National Assembly as part of efforts to ensure greater transparency and accountability in the nation’s public sector financial system. This proposal is part of […]
