{
  "id": 725250,
  "title": "EFCC recovers N115bn, $84m NDDC levy from oil firms",
  "url": "https://urgent.news/2026/08/13/efcc-recovers-n115bn-84m-nddc-levy-from-oil-firms",
  "topic": "world",
  "section": "World",
  "published": "2026-08-13T03:16:52.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/efcc-recovers-n115bn-84m-nddc-levy-from-oil-firms/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Economic and Financial Crimes Commission (EFCC) has recovered over N115 billion and $84 million in outstanding statutory levies owed to the Niger Delta Development Commission (NDDC) by oil companies, according to a recent disclosure to the Senate Public Accounts Committee. The EFCC's investigation, which focused primarily on the unpaid three percent statutory levy identified in the 2021-2023 Nigeria Extractive Industries Transparency Initiative Oil and Gas Industry Audit Report, examined 43 oil companies operating in the oil-rich Niger Delta. Of these, 24 were found to have outstanding liabilities amounting to N76.88 billion and $81.08 million, while 19 were cleared after the investigation. Of the recovered funds, N73.37 billion and $67.07 million have been released to the NDDC, with the remaining N3.51 billion and $14.01 million held in the EFCC's recovery account.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "EFCC recovers N115bn, $84m NDDC levy from oil firms",
        "url": "https://urgent.news/2026/08/13/efcc-recovers-n115bn-84m-nddc-levy-from-oil-firms-726533",
        "published": "2026-08-13T03:24:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}