The House of Representatives has obtained a commitment from seven major oil companies to settle their outstanding debts totalling $37,435,094.52 (approximately N58 billion) to the Federation Account before August 2025.
The spokesperson of the House of Representatives, Akin Rotimi, in a statement on Sunday, said this commitment follows the Public Accounts Committee’s scrutiny of financial records from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which flagged…
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