Nigeria's state oil company withheld $25 bln between 2011 and 2015 - RMAFC - CNBC Africa

Nigeria's state oil company withheld $25 bln between 2011 and 2015 - RMAFC

Western Africa

by Reuters 0

Nigeria's state oil company failed to remit 4.9 trillion naira ($25 billion) to the public purse between January 2011 and December 2015

Nigeria's state oil company failed to remit 4.9 trillion naira ($25 billion) to the public purse between January 2011 and December 2015, the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) said on Tuesday.

 

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