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Auditor-General’s Report: MDGIF not revenue collection agency — NMDPRA
By Obas Esiedesa, Abuja ABUJA — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has clarified that the Midstream and Downstream Gas Infrastructure Fund, MDGIF, is not responsible for collecting gas flare penalties, following concerns raised in the 2023/2024 Annual Report of the Auditor-General of the Federation. The NMDPRA, in a statement signed by […]
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MDGIF rejects Auditor-General’s N94.4bn audit query
The MDGIF has rejected the Auditor-General's N94.4bn audit query, clarifying that discrepancies are due to timing and reconciliation, not missing revenue.
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NMDPRA rejects claims of unaccounted gas flare revenues
The NMDPRA has rejected claims of unaccounted gas flare revenues, stating discrepancies are due to reconciliation issues, not missing funds.
