NEITI’s 2015 audit report: Reforms yet to deliver promise

by | January 3, 2018 1:12 am



According to the Nigeria Extractive Industries Transparency Initiative (NEITI) 2015 Oil and Gas Industry Audit Report, Nigeria’s oil and gas revenues plunged from $54.5 billion in 2014 to $24.8 billion in 2015, while the country’s oil production fell from 798 million barrels in 2014 to 776 million barrels in 2015. These losses were seen in…

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