NEITI report: EFCC recovers N115bn for NDDC, clears 19 oil firms

… Senate intensifies probe of 2021–2023 oil and gas audit
By Henry Umoru
ABUJA — The Economic and Financial Crimes Commission (EFCC) has recovered more than N115 billion in outstanding statutory levies owed the Niger Delta Development Commission (NDDC) by some oil companies between 2021 and 2023.
The commission disclosed this on Wednesday before the Senate Committee on Public Accounts, which is investigating findings contained in the 2021–2023 Oil and Gas Sector Audit Report of the Nigeria Extractive Industries Transparency Initiative (NEITI).
The EFCC representative, Francis Oka-Phillips Usani, told the committee, chaired by Senator Ibrahim Dankwambo (PDP, Gombe North), that the ...