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Regulation
OIL AND GAS
NEITI audit queries pit Finance Ministry against NNPCL
Vanguard
Aug 13, 2026 · 19:45 WAT
NEITI’s 2021–2023 Oil and Gas Sector Audit Report has triggered a dispute between the Finance Ministry and NNPCL over unresolved queries, including a $3 billion pre-export loan and $722.6 million in LNG dividends. The developments relate to oil-sector governance, public revenue accountability and regulatory oversight.