Allegations Of N32bn Revenue Leakage, Non-Compliance With TSA Protocol Baseless- NUPRC

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has described the allegation of N32.15bn revenue leakage as unfounded and baseless, adding that there were no revenue leakages as claimed.

The upstream petroleum regulator also said the alleged transfer directly to private accounts in Deposit Money Banks without adhering to Treasury Single Account (TSA) protocols was baseless.