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Reps Condemn $750m Yearly Loss To Gas Flaring

Reps Condemn $750m Yearly Loss To Gas Flaring       The House of Representatives says Nigeria is losing about $750m to gas flaring annually. It added that the flared gas could have been used to generate electricity for the country. The Federal Government has, however, said it is committed...

Reps Summon NNPC Chief Over N3.9bn Non-remittance

Reps Summon NNPC Chief Over N3.9bn Non-remittance       The House of Representatives Committee on Public Accounts is expecting the Group Managing Director, Nigerian National Petroleum Corporation, Mr Mele Kyari, to appear before it on Thursday over an audit query issued by the Office of the Auditor...

NLNG Account: Reps Demand Details Of NNPC Withdrawal Of $20bn

NLNG Account: Reps Demand Details Of NNPC Withdrawal Of $20bn         Dissatisfied with the defence of the Nigeria National Petroleum Corporation (NNPC) over the audit query on the alleged illegal withdrawal of about $20.3 billion from the Nigerian Liquefied Natural Gas (NLNG) account at the Central...

Audit Query: NNPC, Subsidiaries Must Appear Before Us – Reps

Audit Query: NNPC, Subsidiaries Must Appear Before Us - Reps       The House of Representatives’ Committee on Public Accounts has insisted that the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, and heads of 17 subsidiaries of the corporation must appear before it...

$20bn Oil Theft: Reps Grill DPR, Summon NNPC, CBN

$20bn Oil Theft: Reps Grill DPR, Summon NNPC, CBN         The House of Representatives has continued its investigation of diverted and stolen crude oil in Nigeria valued at $20m, with its Ad Hoc Committee on Oil Theft grilling top officials of the Department of Petroleum Resources. While...

Reps Call For Quick Sales Of Impounded Goods

Reps Call For Quick Sales Of Impounded Goods       The Federal House of Representatives has called for quick sales of every contraband goods seized by the Nigeria Customs Service (NCS). The lawmakers said the attitude of the management of Customs towards the sale of seized items was...