Reps C’ttee Summons Arik Air MD, Others On The N2trn CBN Intervention Funds   For failing to clarify the use of N2 trillion intervention funds given to it by the Central Bank of Nigeria, CBN, the House of Representatives Ad Hoc Committee on Central Bank of...

Reps Begin Probe Of Subsidy Payment   The joint House of Representatives committee on finance and petroleum (downstream) have resolved to go fully and investigate alleged payments of subsidy by relevant government authorities. The joint committee chaired by Babangida Ibrahim (APC, Katsina) and Joseph Akinlaja (PDP, Ondo)...

House Committee Probes Law School Over N32m Contract Payments   ‎The House of Representatives Committee on Public Accounts has grilled the Director General, Council of Legal Education, Prof. Isa Hayatu Chiroma over contract payments valued at N32million by the Nigerian Law School (NLS), without relevant tax...

$1bn Security Fund: Reps Probe Excess Crude Account The House of Representatives yesterday mandated its finance committee to ascertain the status of the Excess Crude Account (ECA) in view of the recent decision of the National Economic Council to contribute $1 billion for the fight...

Reps To NAPIMS, Re-award $260m JV Contract To Tilone The House Representatives on Wednesday asked the National Petroleum Investment Management Services to re-award its $260m Joint Venture contract to a Nigerian company, Tilone Subsea Limited. The House had investigated the controversial contract in 2016, following a...

Reps To Probe Petroleum Products’ Diversion By Marketers The Chairman, House of Representatives Committee on Petroleum, Downstream, Joseph Akinlaja, has said that legislators will investigate the allegations of petroleum products’ diversion by oil marketers. According to a statement issued by the Nigerian National Petroleum Corporation on Thursday...