The House of Representatives, at its plenary Wednesday, vowed to probe the N8 trillion unremitted revenue and fuel subsidy scam. This comes after the Green Chamber received the Nigerian Extractive Industries Transparency Initiative (NEITI) 2021 Oil and Gas Report.
The report presentation, which was in line with Section 4 of the NEITI Act, was laid by the sponsor and chairman of the House Committee on Petroleum Resources , Hon. Ikenga Ugochinyere, co-sponsored by chairman Committee on Petroleum Resources , Hon Alhassan Ado-Doguwa. After receiving the report, the House referred it to its Committees on Petroleum Resources .
recalls that the NEITI 2021 report was released on Monday 18th, September 2023, with far-reaching findings and recommendations critical to the development of the oil and gas sector.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Reps Receive NEITI Report For First Time, To Begin Forensic Probe Of N8trn Unremitted Revenue, Subsidy Scam As part of efforts to aid President Bola Ahmed Tinubu's Renewed Hope economic recovery and growth plan, the House of Representatives at its plenary Wednesday
Read more »
Reps invite CBN governor over removal of forex restrictions on 43 itemsThe Nation Newspaper Reps invite CBN governor over removal of forex restrictions on 43 items
Read more »
Reps wants Otukpo bank robbery investigatedThe Nation Newspaper Reps wants Otukpo bank robbery investigated
Read more »
Reps summon Cardoso over restoration of 43 items to official FXThe lawmakers said the CBN policy will have a negative impact on local production by exposing the Nigerian market to unfair competition.
Read more »
Reps Invite CBN Gov Over FX Ban Lifted On 43 ItemsThe House wants a clarification on the policy and its implications on the economy.
Read more »
Reps summon CBN governor over lifting of FX ban on 43 itemsThe House of Representatives has summoned the Governor of the Central Bank of Nigeria, CBN, Yemi Cardoso over the lifting of the forex ban on 43 items. Cardoso is to appear before the House committees on Regulatory Banking, Finance and Customs.
Read more »