The Department of Petroleum Resources, DPR, has generated and remitted the total sum of N673.7bn to the federal government in the first half of the year spanning January -June 2020.
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DPR Director Sarki Auwalu stated this during the visit of the Federation Allocation Accounts Committee post-mortem sub-committee to DPR on Wednesday, a statement from the agency said.
Auwalu, who assured that the DPR would surpass its revenue target for the year, said the agency operates a cashless revenue system that enables all revenue remittances to be paid directly to the federation account in total compliance with the Treasury Single Account policy of the government.
