The total gas royalty underpayment is US$19.988million. The companies involved are;
ND Western- US$6.595million
Frontier - US$1.807million
DPR should follow up and recover the outstanding sum of US$19.988million from NPDC, ND Western and Frontier.
A total payment of US$26.631million relating to prior year was made. This was higher than the established liability of US$19.988million because of some overdue payments related to the period before 2016 which was not included in the assessment made in the 2016 report.
StakeholdersAccountable for Remedial Issue
The Nigerian Petroleum Development Company (NPDC) Ltd is a fully-owned subsidiary of the Nigeria...See more
ND Western Limited ("ND Western") is an independent Nigerian oil and gas exploration and product...See more