SN | ID | Details of the Issue (Findings) | Entity with Remedial Issue | Entity Accountable for Action | Status of Implementation |
---|---|---|---|---|---|
1 | 0045 | Losses from Crude Theft and Sabotage Losses arising from crude oil theft and sabotage continued in 2016 in the upstream and downstream. ... Read more | NNPC | FMoPR | Pending Resolution |
2 | 0042 | Gas Flare Penalties There was a total liability of US$3.632million incurred by 23 companies. This has implication of p... Read more | DPR | Pending Resolution | |
3 | 0041 | Signature Bonus There was no payment for signature bonus in 2016. However, payments made by companies as premium fo... Read more | NNPC | FMoPR, Office of The Accountant General of The Federation | Pending Resolution |
4 | 0040 | NLNG Dividend, Loan repayment and interest payment NNPC confirmed receipt of US$390.234million being payment of dividend, loan repayment and interest ... Read more | NLNG | NASS, Office of The Accountant General of The Federation, CBN | Pending Resolution |
5 | 0039 | 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. ... Read more | NNPC | FEC, Office of The Accountant General of The Federation | Pending Resolution |
6 | 0038 | Domestic Crude Sales NNPC did not apply market rate as advised by CBN to convert the sales proceeds received in US dolla... Read more | NNPC | NNPC, CBN | Pending Resolution |
7 | 0037 | Operation & Management of Cash Calls US$874.044 million was expended on non-JV cash-call activities. Out of which; US$365.148 million... Read more | NNPC | NNPC | Pending Resolution |
8 | 0036 | NPDC Legacy Liability Liability status on Good and Valuable Consideration (GVC) in respect of SPDC and NAOC divested asse... Read more | NPDC,NNPC | DPR, FIRS | Pending Resolution |
I am hoping the NEITI Remediation is implemented as regards the oil and gas sector
I am hoping the NEITI Remediation is implemented as regards the oil and gas sector
ok
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