The Nigeria Extractive Industries Transparency Initiative has called on President Muhammadu Buhari to consider the recovery of over $7.5bn (N1.4tn) from oil and gas companies operating in the country as a major priority of his economic policy agenda expected to be unfolded very soon.The agency said in a statement issued on Tuesday that the amount represented clear cases of underpayment and under-assessment of taxes, royalties and rents revealed by NEITI in its independent audit reports on the industry, which had not been adequately addressed.
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