• 24 companies found indebted to commission as 19 others get clean bill of health
Sunday Aborisade in Abuja
The Economic and Financial Crimes Commission (EFCC) has recovered more than N115 billion and $84 million in outstanding statutory levies owed the Niger Delta Development Commission (NDDC) by oil companies, as the Senate intensified its investigation into the findings of the 2021–2023 Nigeria Extractive Industries Transparency Initiative (NEITI) Oil and Gas Sector Audit Report.
The disclosure was made on Wednesday by the EFCC representative, Mr. Francis Oka-Phillips Usani, when he appeared before the Senate Committee on Public Accounts, chaired by Senator Ibrahim Hassan Dankwambo, which is probing alleged non-remittance of statutory obligations by oil companies and other entities in the extractive sector.
Usani told the committee that the EFCC investigated 43 oil companies following the NEITI findings and established that 24 companies operating in the Niger Delta had outstanding liabilities relating to the three per cent statutory levy payable to the NDDC.
