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Nigeria: Reps to sanction petroleum agencies, coys for frustrating probe into $60bn loss by Nigerian govt — Africa Links 24

Nigeria: Reps to sanction petroleum agencies, coys for frustrating probe into bn loss by Nigerian govt — Africa Links 24

Africa Links 24 with Ibrahim Ramalan
Published on 2024-07-22 11:36:12

The House of Representatives has threatened to sanction agencies and companies that failed to appear before the committee in the probe of loss of 60 billion dollars  by the federal government.

The amount is an inflated cash calls by the Nigerian National Petroleum Company Ltd., NNPCL, Joint Venture Agreements.

The House of Reps Joint Committee on Finance and Petroleum Resources (Upstream) made the threat at its resumed investigative heating on Monday in Abuja.

The joint panel,…

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