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Posted: 2025-04-29 14:01:32 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-29 14:01:49 UTC
Verified By
Rollup News
The author criticizes anti-corruption agencies for their inaction on various corrupt practices within the Nigerian oil and gas sector, while seemingly focusing on less significant issues like 'Yahoo boys'.
Corruption in fuel station ownership and SOE allocations.
Under-reporting of output and FTSA allocation irregularities.
Losses due to forward sale agreements and TAM costs.
Crude oil sale markups and PXF invoice racketeering.
Hydrocarbon accounting deficiencies and royalty deductions.
Inflated EPC quotes for pipeline infrastructure.
Irregularities in gas contracts and production quotas.
Corruption in fuel station ownership and SOE allocations
Under-reporting of output and FTSA allocation irregularities
Losses due to forward sale agreements and TAM costs
Crude oil sale markups and PXF invoice racketeering
Hydrocarbon accounting deficiencies and royalty deductions
Inflated EPC quotes for pipeline infrastructure
Irregularities in gas contracts and production quotas