
NEITI report: EFCC recovers N115bn for NDDC, clears 19 oil firms
…Senate intensifies probe of 2021–2023 oil and gas audit By Henry Umoru ABUJA — The Economic and Financial Crimes Commission (EFCC) has recovered more than N115 billion in outstanding statutory levies owed the Niger Delta Development Commission (NDDC) by some oil companies between 2021 and 2023.
Usani said the commission investigated 43 oil companies, adding that 24 companies operating within the Niger Delta were found to have outstanding liabilities relating to the three per cent statutory levy payable to the NDDC.“At the commencement of investigation, EFCC invited 43 oil companies, out of which 24 operating within the Niger Delta were found to have outstanding liabilities in the sums of N76,883,705,907.
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