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Reps to Probe $18bn Turnaround Maintenance of Nigeria’s Four Refineries

Reps to Probe $18bn Turnaround Maintenance of Nigeria’s Four Refineries The House of Representatives Committee on Petroleum Resources (Downstream) has resolved to investigate the turnaround maintenance of the four state-owned refineries. The Committee’s resolution is coming a few days after the House Committee on Petroleum Resources...

EFCC recovers N328.9b from Conoil, Forte Oil, NNPC, Oando

The Economic and Financial Crimes Commission (EFCC) on Wednesday said it has recovered N328.9 billion from nine major oil marketers in one year, overdue payments for oil products lifted by the firms. Spokesman of the commission, Mr Wilson Uwujaren, disclosed this in a statement in...