NNPC Denies Claim it Failed to Remit $16 Billion in 2014

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Nigeria’s state oil company on Wednesday said a report by the auditor-general which made allegations that it had failed to remit 3.2 trillion naira ($16 billion) in revenues to the government in 2014 were wrong.

“NNPC wishes to state in strong terms that the AuGF’s declaration is erroneous,” it said in a statement.

(Source: REUTERS)

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