NEITI

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2005

• NEITI
• AUDIT REPORT

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TABLE 1 NEITI PHYSICAL AND PROCESS REPORT FOR
THE FISCAL YEAR 2005
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TABLE 2 NEITI FINANCIAL FLOW FOR THE FISCAL YEAR
2005
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The actual payment of 5,626,528,000 and balance
of 4,730,195,000 represent N778, 913,000,000 and
N654, 824,554,000 respectively which were
converted to dollars at the weighted average rate
used by NNPC for payments to the Federation
Account.
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TABLE 3 DISBURSEMENT OF FINANCIAL FLOWS FOR THE
FISCAL YEAR 2005
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Areas Not Available
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NOTE The values reported above represent credit
sales (30 days credit line for export and 60 days
for domestic), while the figures in the main
report represent actual cash flows to the
federation on all the sales (credit settlements).
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