The House of Representatives has expressed readiness to investigate the loss of over $60bn revenue due to alleged inflated cash calls by the Nigerian National Petroleum Company Limited Joint Venture Agreements. As a result, the House mandated the relevant committees to conduct a thorough probe of all the NNPCL Joint Venture operations to determine income and cash call costs due to each partner, especially the federation and also whether due process and diligence were followed. This decision was a sequel to the adoption of a motion sponsored by Chika Okafor…
Read MoreReps Probe NNPCL JV Deals, $60bn Revenue Loss
