Senate panel probes alleged $71.65m, N30.7bn unpaid oil firms’ contributions to NDDC

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A Nigerian Senate panel is investigating alleged unpaid contributions totaling $71.65 million and N30.7 billion by oil firms to the Niger Delta Development Commission (NDDC). The probe was initiated following a petition by an environmental activist expressing concerns over the refusal of some oil companies to meet their statutory obligations.

The committee's action followed a petition submitted by an environmental activist, who raised concerns over the persistent refusal of some oil companies to fulfil their statutory obligations to the Niger Delta region. The post Senate panel probes alleged $71.65m, N30.7bn unpaid oil firms’ contributions to NDDC appeared first on Premium Times Nigeria.