Audit-Report-on-NNPC

Investigative Forensic audit of crude oil revenues and remittances by NNPC (January 2012 – July 2013)
Year
Month
90 days
credit
period
Exchange
rate
Expected
($’000)
Remittance
($’000)
Remittance
(N’000)
2013 4/1/2013 Jul 154.74 1,039,754.82 679,808.51 105,193,568.75
2013 5/1/2013 Aug 154.75 1,321,274.09 752,068.30 116,382,568.75
2013 6/1/2013 Sep 154.75 1,324,140.44 790,840.51 122,382,568.75
2013 7/1/2013 Oct 154.76 1,252,042.08 726,173.23 112,382,568.75
TOTAL 28,215,731.69 14,542,654.33 2,252,261,447.12
6.1.5. FIRS Remittance for the period January 2012 to July 2013
Year
Month
Quantity
(bbls)
Sales value
($’000)
Amount Paid
($’000)
2012 1/1/2012 7,793,351.00 866,601.78 866,601.67
2012 2/1/2012 5,958,792.00 697,648.95 697,648.91
2012 3/1/2012 10,775,190.00 1,361,148.42 1,361,148.37
2012 4/1/2012 6,421,663.00 760,245.06 760,245.04
2012 5/1/2012 9,427,079.00 1,007,192.03 1,007,191.96
2012 6/1/2012 7,562,385.00 711,035.21 711,035.17
2012 7/1/2012 8,560,059.00 893,112.98 893,112.98
2012 8/1/2012 9,762,441.00 1,116,375.09 1,116,374.98
2012 9/1/2012 7,578,596.00 841,212.38 841,212.30
2012 10/1/2012 9,818,944.00 1,084,556.36 1,084,556.32
2012 11/1/2012 4,856,014.00 536,206.23 536,206.19
2012 12/1/2012 7,961,493.00 885,897.79 885,897.76
2013 1/1/2013 8,086,487.00 926,184.29 926,184.26
2013 2/1/2013 5,150,569.00 587,383.58 587,383.58
2013 3/1/2013 9,368,733.00 1,018,405.99 1,018,405.97
2013 4/1/2013 9,100,021.00 940,889.37 940,890.33
2013 5/1/2013 5,685,660.00 598,291.26 598,291.20
2013 6/1/2013 3,982,762.00 420,726.81 420,726.81
2013 7/1/2013 6,938,679.00 751,857.54 751,857.49
Vanguardngr
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