The House of Representatives has disclosed that Seplat Production Development Limited and Chorus Energy Limited have paid N28.7 billion to Nigeria’s Federation Account in a bid to settle its outstanding liabilities to the nation.
The House of Representatives, through its Public Accounts Committee (PAC), disclosed this in a statement signed by Rep. Akin Rotimi Jr, Spokesman, House of Representatives.
According to the report, “Chorus Energy Limited settled its outstanding liability with a payment of $847,623 (N1.2 billion) on March 11, 2025”, while “Seplat Production Development Limited fully discharged its obligation by remitting $18.39 million (N27.6 billion) between March 10 and March 14, 2025.”