Nembe Clarifies Role in EFCC Recovery of Outstanding Pipeline Fees
Nembe Exploration and Production Company Limited has clarified that funds recently recovered by the Economic and Financial Crimes Commission (EFCC) from oil companies were outstanding pipeline transportation fees owed to its joint venture with the Nigerian National Petroleum Company Limited (NNPCL), not money recovered from the company. The company, formerly known as Aiteo Eastern Exploration and Production Company Limited, said media reports linking it to the EFCC recovery had created […]
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