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NEITI Audit: EFCC confirms N115bn statutory levies recovery from oil companies

Source: dailypost.ng Published Wed, 12 Aug 2026 20:24:35 +0000
NEITI Audit: EFCC confirms N115bn statutory levies recovery from oil companies

Why This Matters

Key context: <img width="1280" height="720" src="https://dailypost.ng/wp-content/uploads/2025/12/EFCC-1280x720-1.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://dailypost.ng/wp-content/uploads/2025/12/EFCC-1280x720-1.jpg 1280w, https://dailypost.ng/wp-content/uploads/2025/12/EFCC-1280x720-1-300x169.jpg 300w, https://dailypost.ng/wp-content/uploads/2025/12/EFCC-1280x720-1-1024x576.jpg 1024w" sizes="(max-width: 1280px) 100vw, 1280px" /><p>The Economic and Financial Crimes Commission, EFCC, on Wednesday revealed that it has recovered over N115 billion in statutory levies owed to the Niger Delta Development Commission, NDDC, by defaulting oil companies between 2021 and 2023. The amount, presented to the Senate Committee on Public Accounts, is made up of N76.883 billion and $81.076 million. [&#8230;]</p> <p><a href="https://dailypost.ng/2026/08/12/neiti-audit-efcc-confirms-n115bn-statutory-levies-recovery-from-oil-companies/">NEITI Audit: EFCC confirms N115bn statutory levies recovery from oil companies</a></p> This development from dailypost.ng highlights ongoing changes in the sector.

The Economic and Financial Crimes Commission, EFCC, on Wednesday revealed that it has recovered over N115 billion in statutory levies owed to the Niger Delta Development Commission, NDDC, by defaulting oil companies between 2021 and 2023. The amount, presented to the Senate Committee on Public Accounts, is made up of N76.883 billion and $81.076 million. […] NEITI Audit: EFCC confirms N115bn statutory levies recovery from oil companies

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