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N9.4tn debt: Reps invite Oando, Chevron, Mobil, Shell, others for investigative hearing (Full List)

Summary by Nigerian News. Latest Nigeria News. Your Online Nigerian Newspaper.
Nigeria’s House of Representatives, through its Committee on Public Accounts, is commencing investigative hearings aimed at addressing significant outstanding debts owed by some oil companies to the Federation Account.   The debts amount to N9.4 trillion.   House of Representatives spokesperson, Akin Rotimi, disclosed this in a statement on Sunday.   The statement noted that the investigative hearing is in compliance with the committee’s constit…
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Reps Summon 38 Oil Firms Over N9.4tn Unpaid Royalties And Levies

The House of Representatives Committee on Public Accounts has summoned 38 oil companies to explain their failure to remit approximately N9.4 trillion owed to the Federal Government in unpaid royalties, concession rentals, and gas flare penalties. The move follows a review of the Auditor-General’s Annual Report on the Consolidated Financial Statement for the year ending […] The post Reps Summon 38 Oil Firms Over N9.4tn Unpaid Royalties and Levies…

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Freedom OnlineFreedom Online

House summons Upstream Petroleum Regulatory Boss, HOS, Housing Minister over petitions

*Public Petitions Committee House of Representatives, Abuja. The House of Representatives Committee on Public Petitions has invited the Managing Director of Nigerian Upstream Petroleum Regulatory Commission to appear before it on Tuesday to answer to an allegation of unsatisfactory performance in the discharge of its statutory functions brought against it by a non governmental organisation, […] The post House summons Upstream Petroleum Regulator…

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Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper.Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper.

N9.4tn debt: Reps invite Oando, Chevron, Mobil, Shell, others for investigative hearing (Full List)

Nigeria’s House of Representatives, through its Committee on Public Accounts, is commencing investigative hearings aimed at addressing significant outstanding debts owed by some oil companies to the Federation Account.   The debts amount to N9.4 trillion.   House of Representatives spokesperson, Akin Rotimi, disclosed this in a statement on Sunday.   The statement noted that the investigative hearing is in compliance with the committee’s constit…

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Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper. broke the news in on Sunday, March 2, 2025.
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