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Reps Probe N432bn Oil Revenue Debt

Summary by Vanguard News
By Gift ChapiOdekina, Abuja ABUJA — The House of Representatives Public Accounts Committee, PAC, has commenced an investigation into outstanding debts owed to the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, by the Nigerian National Petroleum Company Limited, NNPCL, and oil companies, with the liabilities put at N432.07 billion. The investigation followed findings contained in the Auditor-General’s annual audit repor…

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Punch Newspapers broke the news on Wednesday, September 9, 2026.
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