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EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters (1705 Views)

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EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by abduljabbar4(m): 6:56pm On Feb 03, 2016
The Economic and Financial Crimes Commission, EFCC, has recovered over $14m USD,( about N4,380, 295,866.00  at the rate of N303 to a dollar) for the federal government, being crude oil royalty which was supposed to have been paid between 2011 and 2012 by an oil and gas company operating in the upstream sector of the Nigerian oil industry
 

The money was finally paid into the Federal Government’s account with JP Morgan Chase on January 29, 2015, after the EFCC waded forcefully into the matter of recovering taxes due to the Federal Government.

Sources at the Commission, disclosed that the investigation of tax defaulters in the dollar-soaked oil industry is continuing, warning that those who failed to willingly pay up, stand the risk of arrest and prosecution for tax fraud.

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Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Redoil: 6:58pm On Feb 03, 2016
abduljabbar4:
grin
effect of eating aisha jojof lice
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Elosky20: 6:59pm On Feb 03, 2016
ok
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by abduljabbar4(m): 7:02pm On Feb 03, 2016
Redoil:
effect of eating aisha jojof lice

It doesn't change the fact that money has been recovered tongue

2 Likes

Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by divinehand2003(m): 7:02pm On Feb 03, 2016
Only $14 million? EFCC can do better than that now.
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by seunmsg(m): 7:04pm On Feb 03, 2016
divinehand2003:
Only $14 million? EFCC can do better than that now.

It is a gradual process. Steadily, we will recover all that was stolen under GEJ.

1 Like

Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Nobody: 7:06pm On Feb 03, 2016
GEJ and his hidden treasures.

If this government is sincere as it seems,
We may not need to borrow to fund our budget.

FIRS projected N5trillion income generation.
Dasukigate plus proposed Abacha Swiss $300m on transit

1 Like

Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Trailblazer1(m): 7:06pm On Feb 03, 2016
Pls stop all this EFCC and recovery bullshit


We are yet to see the impact of all the media celebrated recoveries

I just bought sniper for #300, it used to be #200 under the looter

2 Likes

Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by chriskosherbal(m): 7:07pm On Feb 03, 2016
How money is finished.
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Victorakats(m): 7:07pm On Feb 03, 2016
cool shocked

That's good news!
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Retributionn: 7:09pm On Feb 03, 2016
And some IPOB Youths will tell us that Buhari is not working

At this rate, the budget will be funded with recovered loot under the corrupt drunkard and buffoon called Jona.daft

God bless Bubu

God punish Ipob youths

3 Likes

Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Hafyz23(m): 7:09pm On Feb 03, 2016
Jona na daft truely o if d money was magalooken under his watch. He use the hat to cover his brain instead of his head

1 Like

Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by abduljabbar4(m): 7:12pm On Feb 03, 2016
Gej vs Abacha. Who stole more?

Clike for Gej
Share for Abacha

2 Likes

Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by quinnboy: 7:14pm On Feb 03, 2016
how that one take affect the increase in NEPA bill this stuupid people dey bring.....billions recovered yet NEPA bill dey increase everyday.....missing jonah oh.
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Trailblazer1(m): 7:14pm On Feb 03, 2016
How does the fight against corruption translate to good governance cum economy?

It has not bettered the lot of the citizenry who groan in pains daily from the high cost of living.

Call me a wailer, and I'll gladly answer cos I'm feeling the brunt real bad
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by alrahmanonline(m): 7:37pm On Feb 03, 2016
Trailblazer1:
Pls stop all this EFCC and recovery bullshit


We are yet to see the impact of all the media celebrated recoveries

I just bought sniper for #300, it used to be #200 under the looter
Sniper? guy no commit suicide o, Naija go soon better... #justjoking

1 Like

Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Montaque(m): 7:45pm On Feb 03, 2016
Hope the FG will rescind it's decision to mortgage nigeria's future thru excessive foreign loan?
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Nobody: 7:51pm On Feb 03, 2016
Trailblazer1:
Pls stop all this EFCC and recovery bullshit


We are yet to see the impact of all the media celebrated recoveries

I just bought sniper for #300, it used to be #200 under the looter
and you could not see that the price increase is due to the looter's looting?

Maybe you need to drink some of the sniper to end your IPOB misery.

3 Likes

Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by TippyTop(m): 7:52pm On Feb 03, 2016
Buhari and his friends would spend this money within a month travelling up a down.

1 Like

Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Pidggin(f): 8:05pm On Feb 03, 2016
Where was GEJ's name mentioned in the article?
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Trailblazer1(m): 8:15pm On Feb 03, 2016
bloodyBLOGGER:
and you could not see that the price increase is due to the looter's looting?

Maybe you need to drink some of the sniper to end your IPOB misery.

I know you're living in dreamsland but I'm talking reality here nigga undecided
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by bamite(m): 8:19pm On Feb 03, 2016
EFCC finally alive to its responsibilities
Trailblazer1:
How does the fight against corruption translate to good governance cum economy?

It has not bettered the lot of the citizenry who groan in pains daily from the high cost of living.

Call me a wailer, and I'll gladly answer cos I'm feeling the brunt real bad
At least recovery is better than looting. ****
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by abduljabbar4(m): 8:30pm On Feb 03, 2016
TippyTop:
Buhari and his friends would spend this money within a month travelling up a down.

What's your problem? Really what's ur problem?
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by bankoleben(m): 8:32pm On Feb 03, 2016
abduljabbar4:
Gej vs Abacha. Who stole more?

Clike for Gej
Share for Abacha

I think this comparison is unfair. Abacha enriched himself from our treasury while Jonathan simply opened the floodgates of the national treasury for all and sundry! grin
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by abduljabbar4(m): 8:36pm On Feb 03, 2016
bankoleben:


I think this comparison is unfair. Abacha enriched himself from our treasury while Jonathan simply opened the floodgates of the national treasury for all and sundry! grin

grin.

But even though I'm pro Buhari I don't know what PMB drank when he said Abaja never stole
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by TippyTop(m): 9:11pm On Feb 03, 2016
kenonze:
GEJ and his hidden treasures.

If this government is sincere as it seems,
We may not need to borrow to fund our budget.

FIRS projected N5trillion income generation.
Dasukigate plus proposed Abacha Swiss $300m on transit

Which Abacha $300m, the same man Buhari said didn't steal any money?
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Trailblazer1(m): 9:38pm On Feb 03, 2016
bamite:
EFCC finally alive to its responsibilities
At least recovery is better than looting. That's something deranged, demented, inconsequential ipobians like you can never comprehend.

Cc: Mynd44, Lalasticlala
I reported this since yesterday, yet no action
Now he has edited his comment.
This is injustice

Hypocrisy is when you turn your eyes the other way when your Yoruba and APC folk insult people and go free without a ban.

Obinoscopy
Seun
Lalasitclala
Mynd44
Et al
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by Trailblazer1(m): 1:41pm On Feb 04, 2016
The post above is meant for you all

Cc: Mynd44
Seun
Lalasticlala
Obinoscopy
Afam4eva
Re: EFCC Recovers Over $14 Million In Unpaid Oil Royalty-sahara Reporters by abduljabbar4(m): 6:22pm On Feb 04, 2016
Trailblazer1:


Cc: Mynd44, Lalasticlala
I reported this since yesterday, yet no action
Now he has edited his comment.
This is injustice

Hypocrisy is when you turn your eyes the other way when your Yoruba and APC folk insult people and go free without a ban.

Obinoscopy
Seun
Lalasitclala
Mynd44
Et al

Oga stop lying. I'm the op of this thread and I report people that violate the rules. Can you show us a proof that he insulted you cos I didn't see any insult. A screen grab of the original post would do. You have also violated Nairaland rule by not using the "report" button

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