SPECIAL REPORT: Antimicrobial resistance crisis heightens in Nigeria, other countriesYahaya Bello and EFCC’s circus show, By Zainab Suleiman OkinoSPECIAL REPORT: Antimicrobial resistance crisis heightens in Nigeria, other countriesYahaya Bello and EFCC’s circus show, By Zainab Suleiman OkinoThe Nigeria Extractive Industries Transparency Initiative says outstanding collectible revenues due to the federal government in the oil and gas industry have risen to $6.071 billionand N66.
Ola Olukoyede, chairperson of the Economic and Financial Crimes Commission , unveiled the report alongside George Akume, Secretary to the Government of the Federation and chairperson of NSWG, NEITI, and other dignitaries. A further breakdown showed outstanding petroleum profit taxes, company income taxes, withholding taxes, and Value Added Tax , due to the Federal Inland Revenue Service , amounting to $21.926 million and N492.8 million as of June 2024.Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.The latest NEITI report on fuel importation disclosed that 23.
On crude production, fiscalised crude production in 2022 stood at 490.945 million barrels, compared to 556.130 million barrels produced in 2021, representing an 11 per cent decline. The NEITI report further provided detailed information and data on crude lifting, disclosing that in 2022, total crude lifting was 482.074 million barrels compared to 551.006 million barrels lifted in 2021.
The event was supported by the European Union and the Rule of Law and Anti-Corruption programme being implemented by International Institute for Democracy and Electoral Assistance.
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