Oil Revenue Recovery: House of Reps Committee Warns 13 Non-Compliant Companies of Sanctions, as Recovered Funds Reach N86.5bn
The House of Representatives Public Accounts Committee (PAC) has issued a strong warning to 13 non-compliant oil companies, threatening constitutional sanctions over their persistent failure to respond to official summons and public invitations. These companies are alleged to owe the Nigerian government $456,952,216.51 in unremitted oil revenues. Despite repeated invitations and public notices through national […]
