The Joint House of Representatives Committee on Public Account and Public Assets have invited the Minister of Finance, Chief Adebayo Olawale Edun and Governor of Central Bank of Nigerian, Dr Olayemi Cardoso to appear before it On Monday, 16th June, 2025 over allegations of non-compliance with the provisions of Fiscal Responsibility Act 2007 as well […]
At a special joint session of the National Assembly held on 2025 Democracy Day in Abuja, Representative Bamidele Salam, Chairman of the House Committee on Public Accounts, along with members of his committee, received a rare and significant commendation from the Speaker of the House of Representatives, Rt. Hon. Abass Tajudeen (GCON), for the recovery […]
The House of Representatives Public Accounts Committee (PAC) has directed OML18 Resources Limited, formerly Sahara Field Production Ltd, to remit $4,020,000 to the Federation Account within five days. The directive was issued during the Committee’s hearing on Wednesday, as part of its ongoing investigation into outstanding debts owed by oil companies to the Federation Account. […]
Recoveries now exceed ₦50 billion Speaker Abbas’ commitment to effective legislative oversight credited for success The House of Representatives Public Accounts Committee (PAC) has successfully recovered an additional $14.2 million (N21.4 billion) from four oil and gas companies as part of its ongoing investigation into financial discrepancies in the sector. This latest recovery follows an […]
