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HomeNewsEFCC recovers N4.3b unpaid royalty from Jide Omokore’s oil firm
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EFCC recovers N4.3b unpaid royalty from Jide Omokore’s oil firm

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The Economic and Financial Crimes Commission has recovered from Atlantic Energy Drilling Concepts Nigeria Limited and its Chairman, Jide Omokore, over $14 million being crude oil royalty that the company failed to remit to the Federal Government.

In Naira terms, the $14 million amounts to N4,380,295,866.00.
Sources in the EFCC confirmed the development on Wednesday.

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