OILY BRIEFS, By Bayo Adaralegbe, email:[email protected]
http://www.thisdayonline.com/nview.php?id=87507
The law sets up a very elaborate framework for revenue transparency and actually imposes criminal sanctions to ensure that accurate payments are made to government. In fact, it imposes criminal liability against companies and regulatory officers in respect of non-payment or underpayments of these revenues.