By Energy Worth

The Nigeria Extractive Industries Transparency NEITI Initiative says it has assisted the Federal Government to recover over $3bn from oil and gas companies operating in the country.

The Executive Secretary, NEITI, Waziri Adio, stated that the agency’s operations in the country’s oil and gas sector had so far led to the recovery of revenue in excess of $3bn from the companies to government coffers.

He stated this while addressing the International Board of the Extractive Industries Transparency Initiative at its meeting in Berlin, Germany, according to a statement issued in Abuja on Monday by NEITI’s Director of Communications and Advocacy, Dr Ogbonnaya Orji.

Read more...http://energyworthonline.com/2018/07/04/unpaid-taxes-how-we-recovered-3bn-from-oil-companies-neiti/