The Nigeria Extractive Industries Transparency Initiative (NEITI) says outstanding collectible revenues due to the federal government in the oil and gas industry have risen to $6.071 billionand N66.4 billion as of June 2024, respectively.
NEITI disclosed this on Thursday in Abuja at the public presentation of its 2022 and 2023 Independent Oil and Gas Industry Reports.
The News Agency of Nigeria (NAN) reports that the report was prepared by the NEITI Board and the National Stakeholders Working Group (NSWG).
