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Auditor-General’s Report: MDGIF not revenue collection agency — NMDPRA

Auditor-General’s Report: MDGIF not revenue collection agency — NMDPRA

By GhanaSummary NewsroomNigeria

By Obas Esiedesa, Abuja ABUJA — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has clarified that the Midstream and Downstream Gas Infrastructure Fund, MDGIF, is not responsible for collecting gas flare penalties, following concerns raised in the 2023/2024 Annual Report of the Auditor-General of the Federation.

It said variances identified in gas flare penalty remittances were due to timing and reconciliation issues within the multi-agency Federation Account channel through which the revenues are collected and remitted.

The NMDPRA, in a statement signed by its Director of Public Affairs, George Ene-Ita, said gas flare penalties are collected solely by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, in line with its statutory mandate.

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