CBN, PenCom rated low in revenue remittance index

In its quest for transparency and accountability in the petroleum sector, OrderPaper has unveiled the Volume 1 of its Revenue Remittance Compliance Index

The Revenue Remittance Compliance Index is made possible with data provided mainly by the Fiscal Responsibility Commission.

The index report comprises three categories- Above Average Compliance, Average Compliance and Below Average Compliance.

According to the index, the Central Bank of Nigeria, the National Pension Commission, the Content Development and Monitoring Board, and 16 other agencies have performed below average

The Executive Director, OrderPaper, Oke Epia, in his remarks, said, “The research speaks on issues in policy, law, transparency, accountability and remittances in the petroleum sector

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