- An audit report from the Office of the Auditor General of Nigeria has uncovered unaccounted sums in the NUPRC and NMDPRA
- The two regulatory bodies have no explanation pegged to these monies, which include outstanding royalties from the NNPCL to DPR
- The NUPRC responded that some of the sums have been remitted, and it is still making efforts with the NNPC to refund the rest
Legit.ng journalist Ruth Okwumbu-Imafidon has over a decade of experience in business reporting across digital and mainstream media.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) may find themselves in a serious mess over their failure to account for N313 billion.
