Reps Probe Unremitted Multi-million-dollar Revenue Under NPA   The House of Representatives’ Committee on Public Accounts has commenced an investigation of the multi-million-dollar debt owed the Federal Government by terminal operators at the nation’s seaports. It is also probing the alleged failure by the Nigerian Port...

Reps Kick As Kyari Keeps Mum On Oil Swap Deal   The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, finally appeared before the House of Representatives’ Ad Hoc Committee on the State of Refineries in Nigeria. However, Kyari could not...

Reps Summon Adebayo Over MTN’s Alleged N2.6trn Tax Evasion   The House of Representatives’ Committee on Public Accounts has vowed to ensure accountability on the capital allowances granted to MTN Nigeria by the Ministry of Industry, Trade, and Investment amounting to N2.6tn. It has, therefore, summoned the...

Despite Interventions, Aviation Fuel Sells Above N500   Despite interventions by the Nigerian National Petroleum Company Limited (NNPCL) and the House of Representatives, aviation fuel or Jet A1 has continued to sell above N585 per litre. The fuel is said to take about 40 per cent of...

Reps Okay N369bn For Customs’ 2022 Budget   The House of Representatives has approved the sum of N369.136 billion as the 2022 budget for the Nigeria Customs Service (NCS). This followed the adoption of the report presented by the chairman, House Committee on Customs and Excise,...

NNPC Gets Two-week Ultimatum To Defend N3trn Debt   The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has given the Nigerian National Petroleum Corporation, now Nigerian National Petroleum Company Limited, two weeks to defend its indebtedness...