0045 Pending Resolution

Losses from Crude Theft and Sabotage

Losses arising from crude oil theft and sabotage continued in 2016 in the upstream and downstream. ...

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0044 Resolved

Oil Royalty

The total oil royalty underpayment is US$46.674million .The companies involved are; Dubri Oil- US$...

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0043 Resolved

Gas Royalty

The total gas royalty underpayment is US$19.988million.  The companies involved are; NPDC- US...

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0042 Pending Resolution

Gas Flare Penalties

There was a total liability of US$3.632million incurred by 23 companies. This has implication of p...

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0041 Pending Resolution

Signature Bonus

There was no payment for signature bonus in 2016. However, payments made by companies as premium fo...

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0040 Pending Resolution

NLNG Dividend, Loan repayment and interest payment

NNPC confirmed receipt of US$390.234million being payment of dividend, loan repayment and interest ...

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0039 Pending Resolution

First line deductions from federation domestic crude sales proceeds

NNPC deducted first line charge for pipeline repairs and maintenance in 2016 was N126.554 billion. ...

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0038 Pending Resolution

Domestic Crude Sales

NNPC did not apply market rate as advised by CBN to convert the sales proceeds received in US dolla...

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0037 Pending Resolution

Operation & Management of Cash Calls

US$874.044 million was expended on non-JV cash-call activities. Out of which; US$365.148 million...

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0036 Pending Resolution

NPDC Legacy Liability

Liability status on Good and Valuable Consideration (GVC) in respect of SPDC and NAOC divested asse...

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