NEITI report: Reps go after 77 oil firms over unremitted N2.6tn revenue

The House of Representatives, on Tuesday, commenced an investigative hearing into the N2.6tn owed the Federal Government by 77 oil companies operating in Nigeria. The House is acting on the 2019 report of the Nigeria Extractive Industry Transparency Initiative. Speaker of the House, Femi Gbajabiamila, threatened that parliament might be forced to invoke the provisions…