Reps Probe NNPCL, Oil Firms Over N432bn NMDPRA Debt
The House of Representatives Public Accounts Committee has opened an investigation into outstanding regulatory debts owed to the Nigerian Midstream and Downstream Petroleum Regulatory Authority by the Nigerian National Petroleum Company Limited and oil companies, with liabilities under review put at ₦432.07bn. The investigation followed findings in the Auditor-General’s annual audit reports on unpaid petroleum-related … [Read more…]