Nigeria loses $16bn to non-review of 1993 PSC deals – NEITI
The Nigeria Extractive Industries Transparency Initiative said the country has lost at least $16billion over a ten-year period due to non-review of the 1993 Production Sharing Contracts with oil companies.
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Non-review of PSCs causes Nigeria $16b loss- NEITI - The Nation NigeriaA quantitative study by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that Nigeria lost at least $16b over a ten-year
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Non-review of PSCs causes Nigeria $16b loss- NEITI - The Nation NigeriaA quantitative study by the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that Nigeria lost at least $16b over a ten-year
Read more »
Nigeria loses $18bn yearly to illicit financial flows - NEITI – Daily TrustNigeria is losing between $15billion and $18 bn every year to illicit financial flows (IFFs), the Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI) Mr. Waziri Adio said yesterday. Illicit financial flows (IFFs) which is a global challenge are simply monies legally earned but illegally transferred and vice versa, or monies illegally earned …
Read more »