Pending Resolution Issues

Refers to issues in which the covered entity has commenced remediation in the intervening period since the issue was reported in the audit. they also include issues for which the covered entity admitted responsibility but has not taken verifiable remedial steps.
SN ID Details of the Issue (Findings) Entity with Remedial Issue Entity Accountable for Action Status of Implementation
1 0047 UTILIZATION OF INTERNET BLOGGING BY JOURNALISTS IN KADUNA, NIGERIA
Nigeria lost 22million barrels of crude oil to theft and sabotage amounting to $1.35bn in the first...
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Pending Resolution
2 0045 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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NNPC FMoPR Pending Resolution
3 0042 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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DPR Pending Resolution
4 0041 Signature Bonus
There was no payment for signature bonus in 2016. However, payments made by companies as premium fo...
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NNPC FMoPR, Office of The Accountant General of The Federation Pending Resolution
5 0040 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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NLNG NASS, Office of The Accountant General of The Federation, CBN Pending Resolution
6 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. ...
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NNPC FEC, Office of The Accountant General of The Federation Pending Resolution
7 0038 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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NNPC NNPC, CBN Pending Resolution
8 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...
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NNPC NNPC Pending Resolution
9 0036 NPDC Legacy Liability
Liability status on Good and Valuable Consideration (GVC) in respect of SPDC and NAOC divested asse...
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NPDC,NNPC DPR, FIRS Pending Resolution

3 Comments

  • Ozo Isa
    10 Oct 2019

    I am hoping the NEITI Remediation is implemented as regards the oil and gas sector

  • Ozo Isa
    10 Oct 2019

    I am hoping the NEITI Remediation is implemented as regards the oil and gas sector

  • Abdullahi Sadiq
    25 Aug 2019

    ok

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