Nigeria Lost N16.25trn to Crude Oil Theft in 12 Years - Abbas Speaker of the House of Representatives, Tajudeen Abbas says Nigeria lost N16.25 trillion to crude oil theft between 2009 and 2020. The speaker said this while inaugurating the ad hoc committee to investigate crude...

Reps to Probe Six MDAs Over Sale of FG Assets The Ad-hoc Committee of the House of Representatives on the disposal of public property, commenced investigation into the Federal Ministry of Water Resources over its disposal of assets belonging to 12 River Basin Development Authority...

Reps Probe, Direct NNPC Limited to Suspend OVH Acquisition The House of Representatives has asked the Nigerian National Petroleum Company Limited (NNPCL) to suspend the acquisition of OVH Energy Marketing, the company behind the Oando Retail brand in West African countries. This call was a sequel...

Reps Oppose Exchange Rate Stabilisation The House of Representatives has rejected a motion for the stabilisation of the exchange rate. A member of the House, Beni Lar, representing Langtang North/Lantang South Federal Constituency of Plateau State, had in a motion on the floor of the House...

Reps Question $9.5bn Loss to Gas Flaring Yearly  The Speaker of the House of Representatives, Rep. Tajudeen Abbas, has inaugurated an Ad hoc Committee to investigate the alleged $9.05 billion revenue loss from gas flaring in the last decade in Nigeria. Abbas, at the inauguration of...

Fuel Contamination: Reps to Investigate, Probe Aviation Operators The House of Representatives has announced its intention to launch an investigation into the recurring problem of aviation fuel contamination in the country. The resolution was reached after the House adopted a motion of urgent public importance moved...