Reps Probe ₦2.6Trn Owed By Oil Companies To FG

The House of Representatives has ordered an immediate investigation into debts totalling ₦2.6 trillion allegedly owed the Federal Government (FG) by oil and gas companies operating in Nigeria. A report by the Extractive Industries Transparency Initiative (NEITI) which contains the figure, said to be accruals from “failure of the firms to remit Petroleum Profit Tax, … Continue reading Reps Probe ₦2.6Trn Owed By Oil Companies To FG